Questions: Fill in the Blank Question The direct materials budget details the physical units and cost of planned direct material purchases. (Enter only one word per blank) Read About the Concept Need help? Review these concept resources. 18 of 60 Concepts completed

 Fill in the Blank Question

The direct materials budget details the physical units and cost of planned direct material purchases. (Enter only one word per blank)

Read About the Concept

Need help? Review these concept resources.

18 of 60 Concepts completed
Transcript text: Fill in the Blank Question The direct materials budget details the physical units and cost of planned direct material purchases. (Enter only one word per blank) Read About the Concept Need help? Review these concept resources. 18 of 60 Concepts completed
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Solution

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The direct materials budget details the physical units and cost of planned direct material purchases. (Enter only one word per blank)

The answer is: "budget"

Explanation: The direct materials budget is a financial plan that outlines the quantity (physical units) and cost of materials required for production. It helps in planning and controlling the purchase of direct materials, ensuring that the production process runs smoothly without interruptions due to material shortages.

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