Question
1.- The Dandy Jeans Company produces two different types of jeans. One is called the Simple Life and the other is called the Fancy Life
1.- The Dandy Jeans Company produces two different types of jeans. One is called the "Simple Life" and the other is called the "Fancy Life" The company's Production Budget requires 371,098 units of Simple jeans and 187,710 Fancy jeans to be manufactured. It is estimated that 2.19 direct labor hours will be needed to manufacture one pair of Simple Life jeans and 3.12 hours of direct labor hours for each pair of Fancy life jeans. What is the total number of direct labor hours needed for both lines of jeans (round to integer number)? Select the correct answer. 585,655 direct labor hours 812,705 direct labor hours 1,398,360 direct labor hours 3,109,829 direct labor hours
2.- Wright Corporation began its operations on September 1 of the current year. Budgeted sales for the first three months of business are $233,391, $302,193, and $428,167, respectively, for September, October, and November. The company expects to sell 20% of its merchandise for cash. Of sales on account, 70% are expected to be collected in the month of the sale, 25% in the month following the sale, and the remainder in the following month. What are the cash collections in November from sales on account? Select the correct answer. $177,377 $169,228 $309,548 $130,699
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