Long-range planning Group of answer choices is prepared on a quarterly basis if the budget is prepared on a quarterly basis. is usually more accurate than an annual budget. generally encompasses a longer period of time than an annual budget. generally presents more detailed information than an annual budget.

An outside supplier has offered to sell talbot similar wheels for $1.25 per wheel. if the wheels are purchased from the outside supplier, $15,000 of annual fixed overhead could be avoided and the facilities now being used could be rented to another company for $45,000 per year. direct labor is a variable cost. if talbot chooses to buy the wheel from the outside supplier, then annual net operating income would: