1.)

Assume a company's budgeted unit sales and its required production in units for April are 98,000 units and 96,000 units, respectively. The direct labor-hours required per unit is 1.50 hours. The company's total budgeted direct labor cost for April is $2,268,000. What is the budgeted direct labor wage rate per hour for April? Multiple Choice 0 $20.27 $1535 0 0 $15.43 0 $19.60 Which of the following statements is false with respect to the sales budget including a schedule of expected cash collections? Multiple Choice 0 Estimating cash collections also enables managersto estimate accounts receivable on the balance sheet. 0 Although the estimated amounts of sales and cash collections may differ from one another on a monthtomonth or quarterly basis, these two estimates must equal each other on an annual basis. 0 Estimating sales ultimately impacts the estimated ending retained earnings on the balance sheet. 0 Estimating cash collections plays a role in preparing a cash budget