登录之后可查看解析

Answer (D) is correct . Once the production budget has been completed, the next step is to prepare the direct labor, raw material, and overhead budgets. Thus, the production budget provides the data for the completion of the direct labor budget.

Answer (A) is incorrect because The sales forecast is insufficient for completion of the direct labor budget.
Answer (B) is incorrect because The raw material purchases budget is not needed to prepare a direct labor budget.
Answer (C) is incorrect because The schedule of cash receipts and disbursements cannot be prepared until after the direct labor budget has been completed.