1.

Lara Company's budget includes the following credit sales for the current year: September, $41,000; October, $52,000; November, $46,000; December, $48,000. Experience has shown that payment for the credit sales is received as follows: 20% in the month of sale, 55% in the first month after sale, 22% in the second month after sale, and 3% is uncollectible. How much cash can Lara Company expect to collect in November as a result of current and past credit sales?

a.49, 620

b.35,420

c.44,220

d. 46820

e. 46,000

2.

A company rents a building with a total of 110,000 square feet, which are evenly divided between two floors. The space on the first floor is considered twice as valuable as that on the second floor. The total monthly rent for the building is $33,000. How much of the monthly rental expense should be allocated to a department that occupies 12,000 square feet on the first floor? (Do not round your intermediate calculations.)

a. 3600

b. 7200

c. 6000

d. 2400

e. 4800

3.

During March, the production department of a process manufacturing system completed a number of units of a product and transferred them to finished goods. Of the units transferred, 17,000 were in process at the beginning of March and 150,000 were started and completed in March. March's beginning inventory units were 100% complete with respect to materials and 59% complete with respect to labor. At the end of March, 34,000 additional units were in process in the production department and were 100% complete with respect to materials and 24% complete with respect to labor. Compute the number of equivalent units with respect to both materials and direct labor respectively for March using the weighted-average method.

a. 201,000; 201,000

b. 175,160; 175,160

c. 184,000; 165,130.

d. 201, 000; 175,160

e. 167000, 158160