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Draw diagram of interrelationship of budget in master budget

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Reference no: EM13888133

Chicksaw Company uses the following budgets: Balance Sheet, Capital Expendi- ture, Cash, Direct Labor, Direct Materials, Income Statement, Manufacturing Overhead, Production, Sales, and Selling and Administrative. Prepare a diagram of the interrelationships of the budgets in the master budget. Indicate whether each budget is an operating or a financial budget.

Reference no: EM13888133

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