Question
1) Parwin Corporation plans to sell 30,000 units during August. If the company has 11,500 units on hand at the start of the month, and
1) Parwin Corporation plans to sell 30,000 units during August. If the company has 11,500 units on hand at the start of the month, and plans to have 12,500 units on hand at the end of the month, how many units must be produced during the month?
A. 41,500
B. 29,000
C. 42,500
D. 31,000
2) When preparing a production budget, the required production equals:
Select one:
A. budgeted sales beginning inventory + desired ending inventory.
B. budgeted sales + beginning inventory desired ending inventory.
C. budgeted sales + beginning inventory + desired ending inventory.
D. budgeted sales beginning inventory desired ending inventory.
3)Pittman Framing's cost formula for its supplies cost is $1130 per month plus $13 per frame. For the month of November, the company planned for activity of 611 frames, but the actual level of activity was 603 frames. The actual supplies cost for the month was $8500. Thespending variancefor supplies cost in November would be closest to:(show workings)
Select one:
A. $469 F
B. $573 F
C. $573 U
D. $469 U
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