Question $3.$ Listed below are eight operating budgets. In the space provided, list which of these budgets is typically prepared first, second, third, and so on$.$

Required:

a$.$ Operating expense budget

b$.$ Budgeted income statement

c$.$ Ending finished goods forecast

d$.$ Production schedule $($in units$)$

e$.$ Manufacturing cost estimates

f$.$ Cost of goods sold budget

g$.$ Sales forecast

h$.$ Manufacturing cost budget