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1. 2. 3. Becker Bikes manufactures tricycles. The company expects to sell 440 units in May and 570 units in June. Beginning and ending finished

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Becker Bikes manufactures tricycles. The company expects to sell 440 units in May and 570 units in June. Beginning and ending finished goods for May is expected to be 140 and 105 units, respectively. June's ending finished goods is expected to be 115 units Each unit requires 1.5 direct labor hours and Becker's hourly labor rate is $66 per hour. Compute Becker's direct labor budget for May and June. (Do not round intermediate calculations.) May June Budgeted direct labor cost Getty Company expects sales for the first three months of next year to be $185,000, $265,000 and $315,000, respectively. Getty expects 40 percent of its sales to be cash and the remainder to be credit sales. The credit sales will be collected as follows: 10 percent in the month of the sale and 90 percent in the following month. Compute a schedule of Getty's cash receipts for the months of February and March. February March Budgeted cash receipts The Western Division of Claremont Company had net operating income of $151,000 and average invested assets of $567,000. Claremont has a required rate of return of 12.25 percent. Western has an opportunity to increase operating income by $39,000 with a $102,000 increase in average invested assets. Compute Western Division's return on investment and residual income currently and if it undertakes the project. (Enter your ROI answers as a percentage rounded to two decimal places, (i.e., 0.1234 should be entered as 12.34%). Round your Residual Income (Loss) answers to the nearest whole dollar.) Current Proposed Project % % Return on Investment (ROI) Residual Income (Loss)

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