The manufacturing overhead budget would most likely be developed by Philip as a manager for the situation given above. Therefore, the option C holds true.
The manufacturing overhead budget can be referred to or considered as the budget that is created for estimation of the amounts that are to be allocated for the manufacturing of the goods and services for the given particular period. This budget is highly effective in the maintenance of assembly line. They are also highly beneficial in other factors.
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Complete question
philip is a manager who oversees raw materials ordering, inventory levels, employee efficiency and productivity, and assembly line maintenance. which of the following budgets would philip most likely help develop?
A. Sales overhead budget
B. Inventory budget
C. manufacturing overhead budget
D. None of the above
