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28 Sep 2019
1. Sandler Company has 6,000 units in beginning finished goods. Thesales budget shows expected sales to be 24,000 units. If theproduction budget shows that 28,000 units are required forproduction, what was the desired ending finished goods?
A) 2,000.
B) 6,000.
C) 10,000.
D) 18,000.
2. The following credit sales are budgeted by PeckmanCompany:January $136,000
February 200,000
March 280,000
April 240,000
The company's past experience indicates that 70% of the accountsreceivable are collected in the month of sale, 20% in the monthfollowing the sale, and 8% in the second month following the sale.The anticipated cash inflow for the month of April is
A) $246,880.
B) $224,000.
C) $240,000.
D) $235,200.
3. Lester Production is planning to sell 600 boxes of ceramic tile,with production estimated at 580 boxes during May. Each box of tilerequires 44 pounds of clay mix and a quarter hour of direct labor.Clay mix costs $0.40 per pound and employees of the company arepaid $12.00 per hour. Manufacturing overhead is applied at a rateof 110% of direct labor costs. Lester has 2,600 pounds of clay mixin beginning inventory and wants to have 3,000 pounds in endinginventory.
What is the total amount to be budgeted in pounds for directmaterials to be purchased for the month?
A) 25,520
B) 25,120
C) 25,920
D) 26,800
4. The following information is taken from the production budgetfor the first quarter:Beginning inventory in units 1,200
Sales budgeted for the quarter 456,000
Capacity in units of production facility 472,000
How many finished goods units should be produced during the quarterif the company desires 3,200 units available to start the nextquarter?
A) 458,000
B) 454,000
C) 474,000
D) 459,200
1. Sandler Company has 6,000 units in beginning finished goods. Thesales budget shows expected sales to be 24,000 units. If theproduction budget shows that 28,000 units are required forproduction, what was the desired ending finished goods?
A) 2,000.
B) 6,000.
C) 10,000.
D) 18,000.
2. The following credit sales are budgeted by PeckmanCompany:January $136,000
February 200,000
March 280,000
April 240,000
The company's past experience indicates that 70% of the accountsreceivable are collected in the month of sale, 20% in the monthfollowing the sale, and 8% in the second month following the sale.The anticipated cash inflow for the month of April is
A) $246,880.
B) $224,000.
C) $240,000.
D) $235,200.
3. Lester Production is planning to sell 600 boxes of ceramic tile,with production estimated at 580 boxes during May. Each box of tilerequires 44 pounds of clay mix and a quarter hour of direct labor.Clay mix costs $0.40 per pound and employees of the company arepaid $12.00 per hour. Manufacturing overhead is applied at a rateof 110% of direct labor costs. Lester has 2,600 pounds of clay mixin beginning inventory and wants to have 3,000 pounds in endinginventory.
What is the total amount to be budgeted in pounds for directmaterials to be purchased for the month?
A) 25,520
B) 25,120
C) 25,920
D) 26,800
4. The following information is taken from the production budgetfor the first quarter:Beginning inventory in units 1,200
Sales budgeted for the quarter 456,000
Capacity in units of production facility 472,000
How many finished goods units should be produced during the quarterif the company desires 3,200 units available to start the nextquarter?
A) 458,000
B) 454,000
C) 474,000
D) 459,200
A) 2,000.
B) 6,000.
C) 10,000.
D) 18,000.
2. The following credit sales are budgeted by PeckmanCompany:January $136,000
February 200,000
March 280,000
April 240,000
The company's past experience indicates that 70% of the accountsreceivable are collected in the month of sale, 20% in the monthfollowing the sale, and 8% in the second month following the sale.The anticipated cash inflow for the month of April is
A) $246,880.
B) $224,000.
C) $240,000.
D) $235,200.
3. Lester Production is planning to sell 600 boxes of ceramic tile,with production estimated at 580 boxes during May. Each box of tilerequires 44 pounds of clay mix and a quarter hour of direct labor.Clay mix costs $0.40 per pound and employees of the company arepaid $12.00 per hour. Manufacturing overhead is applied at a rateof 110% of direct labor costs. Lester has 2,600 pounds of clay mixin beginning inventory and wants to have 3,000 pounds in endinginventory.
What is the total amount to be budgeted in pounds for directmaterials to be purchased for the month?
A) 25,520
B) 25,120
C) 25,920
D) 26,800
4. The following information is taken from the production budgetfor the first quarter:Beginning inventory in units 1,200
Sales budgeted for the quarter 456,000
Capacity in units of production facility 472,000
How many finished goods units should be produced during the quarterif the company desires 3,200 units available to start the nextquarter?
A) 458,000
B) 454,000
C) 474,000
D) 459,200
Hubert KochLv2
28 Sep 2019