1.

How many units to be produced for the month of July? How many units to be produced for the month of August? How many units to be produced for the month of September? What is the desired ending inventory of finished goods for the quarter? choose... Choose... Choose... Choose... 0 0 0 (It Bredder Supply Corporation manufactures and sells cotton gauze. Expected sales of gauze (in boxes) for upcoming months are as follows: une 35.00 Management likes to maintain a nished goods inventory equal to 20% of the next month's estimated sales. Kadle Corporation has two divisions: Division L and Division Q. Data from the most recent month appear below: Total Company Division L Division Q Sales P557,000 P323,000 P234,000 Variable expenses 179,690 100,130 79,560 Contribution margin 377,310 222,870 154,440 Traceable fixed expenses 271,000 170,000 101,000 Segment margin 106,310 P52,870 P53,440 Common fixed expenses 72,410 Net operating income P33,900 The break-even in sales amount for Kadle Corporation is closest to:\fBudgeted sales in Acer Corporation over the next four months are given below: September October November December Budgeted sales $120,000 $140,000 $180,000 $160,000 Thirty percent of the company's sales are for cash and 70% are on account. Collections for sales on account follow a stable pattern as follows: 50% of a month's credit sales are collected in the month of sale, 30% are collected in the month following sale, and 20% are collected in the second month following sale. Given these data, cash collections for December should be: 0 a. P161,400 O b. P118,700 O c. P100500 0 (J. 118.700 Rehmer Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.61 direct labor-hours. The direct labor rate is P4250 per direct labor- hour. The production budget calls for producing 2,600 units in June and 2,100 units in July. Assume that the direct labor work force is fully adjusted to the total direct labor-hours needed each month. What is the total direct labor budget for the month of July? 0 a. P8925000 0 b. P11050000 0 c. P54,442.50 0 d. P6240500 Paradise Corporation budgets on an annual basis for its scal year. The following beginning and ending inventory levels (in units) are planned for next year. Beginning Inventory Ending Inventory Raw material\" 30,000 40,000 Finished goods 70.000 60.000 * Three pounds of raw material are needed to produce each unit of nished product. If Paradise Corporation plans to sell 510,000 units during next year, the number of units it would have to manufacture during the year would be: 0 a. 500,000 units 0 b. 520,000 units 0 c. 570,000 units 0 d. 510,000 units Kadle Corporation has two divisions: Division L and Division Q. Data from the most recent month appear below: Total Company Division L Division Q Sales P557,000 P323,000 P234,000 Variable expenses 179,690 100,130 79,560 Contribution margin 377,310 222,870 154,440 Traceable fixed expenses 271,000 170,000 101,000 Segment margin 106,310 P52,870 P53,440 Common fixed expenses 72,410 Net operating income P33,900\fRehmer Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.61 direct labor-hours. The direct labor rate is 1342.50 per direct labor- hour. The production budget calls for producing 2,600 units in June and 2,100 units in July. Assume that the direct labor work force is fully adjusted to the totai direct labor-hours needed each month. What is the total direct labor budget for the month of June? 0 a. P67,405.00 0 b. [354,442.50 0 0. P8925000 Od'?110.500.00 During Heaton Company's first two years of operations, it reported absorption costing net operating income as follows: Year 1 Year 2 Sales (@ $25 per unit) . ..... $1,000,000 $1,250,000 Cost of goods sold (@ $18 per unit) . .. . 720,000 900,000 Gross margin . . . .. 280,000 350,000 Selling and administrative expenses* . . . 210,000 230,000 Net operating income .. . ... 70,000 $ 120,000 *$2 per unit variable; $130,000 fixed each year. The company's $18 unit product cost is computed as follows: Direct materials . . . $ 4Direct labor ......................................... 7 Variable manufacturing overhead ....................... 1 Fixed manufacturing overhead ($270,000 + 45,000 units} . ._ Absorption costing unit product cost .................. $1! Forty percent of fixed manufacturing overhead consists of wages and salaries; the remainder consists of depreciation charges production equipment and buildings. Production and cost data forthe rst two years of operations are: Year 1 Year 2 Units produced .......... 45,000 45,000 Units sold ............. . 40,000 50,000 Using variable costing, what is the unit product cost? Choose... c What is the variable costing net operating income in Year 1? Choose... : "\"\"''11h 4 n\" M e variable costing net operating income in Year 2? Choose