What are the contents of the comprehensive budget for production and operation?

In July 2006, the self-study exam "Management Accounting (1)" was a short answer to the fifth question.

What

What are the contents of the comprehensive budget for production and operation?

In July 2006, the self-study exam "Management Accounting (1)" was a short answer to the fifth question.

What are the contents of the comprehensive budget for production and operation? What is the relationship between the contents?

A: (1) The basic contents of the comprehensive budget mainly include: (1) the sales budget; (2) production budget; (3) direct material budget; (4) Direct labor budget; (5) manufacturing cost budget; (6) Inventory budget of finished products at the end of the period; (7) sales and management expenses budget; (8) cash budget; (9) Estimated income statement; (10) Estimated balance sheet.

(B) (1) Follow the principle of "fixing production by sales", and the sales budget is the basis and key to making a comprehensive budget. (2) The production budget is prepared according to the sales budget. (3) The preparation of direct material budget is based on production budget. (4) Direct labor budget is based on production budget. (5) The preparation of manufacturing expense budget usually includes the calculation of cash expenditure of estimated expenses, so as to provide necessary information for the preparation of cash budget (depreciation items should be deducted from the calculation of cash expenditure of estimated expenses because depreciation of fixed assets is an item that does not require cash expenditure). (6) The preparation of the ending inventory budget is to comprehensively reflect the estimated cost level of the products of the production unit during the planning period, and also to provide data for correctly measuring the product sales cost in the estimated income statement and the ending material inventory and ending finished goods inventory items in the estimated balance sheet. When the variable cost method is used to calculate the product cost, the unit product cost only includes the variable part of direct materials, direct labor and manufacturing expenses, while the fixed cost part is included in the income statement as "period cost" and deducted from the current product sales income. (7) The sales and management expenses budget includes all expenses except the manufacturing expenses that will occur during the budget period. The detailed items of expenses shall be divided into variable expenses and fixed expenses according to the cost type. (8) The cash budget is prepared on the basis of previous budgets, which mainly reflects the details of the expected cash receipts and expenditures during the planning period. Management raises and controls cash. (9) The estimated income statement is compiled according to the relevant information in the above budget table. (10) The balance sheet is expected to reflect the financial status summarized at the end of the plan. Based on the balance sheet at the end of the previous period, it was compiled by summarizing and adjusting the relevant information in the above budget table.