32) _____ budgeting is when budgets are formulated with the activeparticipation of all affected employees 
 
33) A _____ gives the expected sales under a given set ofconditions. 
 
34) Unit sales of Product A are currently 10,000, while unit salesof Product B are double those of Product A. The com¬pany’s salesforecast will be _____, assuming sales of Product A increase by 10%and those of Product B increase by 4,000 units. 
 
35) The master budget includes forecasts for all of the followingexcept _____. 
 
36) A sales forecast is _____. 
 
37) _____ are components of a master budget. 
 
38) Which of the following statements is false? 
 
39) The master budget quantifies targets for all of the followingexcept _____. 
 
40) Cost allocation base refers to the _____. 
 
41) The preferred guidelines for allocating service departmentcosts include _____. 
 
42) _____ is not a type of cost allocation. 
 
43) Kevin Company has two service departments, Maintenance andPersonnel, as well as two production departments, Mixing andFinishing. Maintenance costs are allocated based on square footagewhile personnel costs are allocated based on number of employees.The following information has been gathered for the currentyear: 

44) Murphy Company has two service departments, Maintenance andPersonnel, as well as two production departments, Mixing andFinishing. Maintenance costs are allocated based on square footagewhile personnel costs are allocated based on number of employees.The following information has been gathered for the currentyear: 

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