登录之后可查看解析

The manufacturing overhead budget is part of the operating budget. The manufacturing overhead budget is developed after the production budget, but it is not the last budget to be prepared.
Of all the budgets given in the answer choices, the cash budget is the last budget to be prepared because all other budgets are inputs to it.
The direct labor budget is part of the operating budget. The direct labor budget is developed after the production budget is developed, but it is not the last budget to be prepared.
The cost of goods sold budget is developed after the production budget. It is a part of the operating budget but it is not the last budget to be prepared.