The sales budget is considered the cornerstone of the master budget because

a. it determines the amount of materials to purchase for production.
b. it is prepared last and summarizes all of the other elements of the budget.
c. it plays a minor role in the preparation of the operating budget.
d. the level of sales affects almost all of the other elements of the master budget.

Job 456 was recently completed. the following data have been recorded on its job cost sheet: direct materials $ 2,418 direct labor-hours 74 labor-hours direct labor wage rate $ 13 per labor-hour machine-hours 137 machine-hours the corporation applies manufacturing overhead on the basis of machine-hours. the predetermined overhead rate is $14 per machine-hour. the total cost that would be recorded on the job cost sheet for job 456 would be: multiple choice $3,380 $5,298 $6,138 $2,622