10 m Select correct answer (AB,C,D) from the green dropdown. You must show all necessary working to gain full 1. Harrod's Company's sales are 30% in cash and 70% on credit. Sixty percent of the credit sales are collected in the month of 25% in the month following sale, and 12% in the second month following sale. The remainder is uncollectible. The following are budgeted sales data: January $60,000 February $70,000 March $50,000 April $30,000 Total Sales Vhat would be the budgeted total cash receipts in April? (2 marks) Show your Workings Juary bruary rch 1 cash receints 21000 15000 9000 45000 3 4 Show your Workings 5 January 5 February - March April total cash receipts 21000 15000 9000 45000 Select your answer from here: 2. Shuwei's Manufacturers Inc nlans to sell 12.000 units during th 8 March $50.000 April $30,000 9 January February 10 Total Sales $60,000 $70,000 11 12 What would be the budgeted total cash receipts in April? (2 marks) 13 14 Show your Workings 15 January 26 February 21000 7 March 15000 3 April 9000 - total cash receipts 45000 Select your answer from here: 2. Shuwei's Manufacturers Inc plans to sell 12,000 units during the month of August. If the company has 2,500 units on hand at the start of the month, and plans to have 2,000 units on hand at the end of the month, how many units must be produced during the month? (2 marks) Show your Workings Instructions SECTION 2 SECTION 3 SECTION 4 SECTION 5 SECTION 6 New... 30 31 36 32 33 Select your answer from here: 34 353. Ace Ltd makes and sells a single product. The company employs a flexible budgeting system that covers a relevant range from 20,000 units to 25,000 units and a just in time inventory system. Budget data for April, based on 22.000 units, are as follows: 37 38 Prime costs $0 per unit 39 Manufacturing overhead $132,000 plus $3 per unit Selling and administrative $30,000 plus $2 per unit 41 Selling price $60 per unit 40 expenses 2 3 What is the company's master budget operating income (loss) for April? (2 marks) 1 Show your Workings SECTION 2 SECTION 3 uctions SECTION 4 SECTION 5 SECTION 6 New 43 What is the company's master budget operating income (loss) for April? (2 marks) 45 Show your Workings 46 47 48 49 50 51 52 Select your answer from here: 53 54 Use the following data to answer questions 4 and 5. 55 The Huron Company produces three products with the following costs and selling prices: 56 57 Y Z 58 Selling Price per Unit $16 $21 $21 59 Variable Cost per Unit SZ $11 $13 60 Contribution Margin per Unit $9 $10 $8 61 Direct Labour Hours per Unit 1 1.5 2 > Instructions SECTION 2 SECTION 3 SECTION 4 SECTION 5 SECTION 6 New... $21 $21 Selling Price per Unit 59 Variable Cost per Und Contribution Mergin per Unit 62 Direct Labour Hours per Last Machine Hours per Uad $16 $7 $9 1 4.5 $10 15 2 25 66 4. If the number of direct labour hous is the production constraint, in which order should the company produce the three products? (2 marks) 65 66 Show your Workings 67 68 69 70 71 72 73 Select your answer from here: 74 75 5. If the number of machine hours is the production constraint, in which order should Madison produce the three products? (2 marks) 76 SECTION 2 SECTION 4 SECTION 3 SECTION 5 Instructions New... SECTION 6 Show your Working 79 81 83 84 Select your answer from here: 10 m Select correct answer (AB,C,D) from the green dropdown. You must show all necessary working to gain full 1. Harrod's Company's sales are 30% in cash and 70% on credit. Sixty percent of the credit sales are collected in the month of 25% in the month following sale, and 12% in the second month following sale. The remainder is uncollectible. The following are budgeted sales data: January $60,000 February $70,000 March $50,000 April $30,000 Total Sales Vhat would be the budgeted total cash receipts in April? (2 marks) Show your Workings Juary bruary rch 1 cash receints 21000 15000 9000 45000 3 4 Show your Workings 5 January 5 February - March April total cash receipts 21000 15000 9000 45000 Select your answer from here: 2. Shuwei's Manufacturers Inc nlans to sell 12.000 units during th 8 March $50.000 April $30,000 9 January February 10 Total Sales $60,000 $70,000 11 12 What would be the budgeted total cash receipts in April? (2 marks) 13 14 Show your Workings 15 January 26 February 21000 7 March 15000 3 April 9000 - total cash receipts 45000 Select your answer from here: 2. Shuwei's Manufacturers Inc plans to sell 12,000 units during the month of August. If the company has 2,500 units on hand at the start of the month, and plans to have 2,000 units on hand at the end of the month, how many units must be produced during the month? (2 marks) Show your Workings Instructions SECTION 2 SECTION 3 SECTION 4 SECTION 5 SECTION 6 New... 30 31 36 32 33 Select your answer from here: 34 353. Ace Ltd makes and sells a single product. The company employs a flexible budgeting system that covers a relevant range from 20,000 units to 25,000 units and a just in time inventory system. Budget data for April, based on 22.000 units, are as follows: 37 38 Prime costs $0 per unit 39 Manufacturing overhead $132,000 plus $3 per unit Selling and administrative $30,000 plus $2 per unit 41 Selling price $60 per unit 40 expenses 2 3 What is the company's master budget operating income (loss) for April? (2 marks) 1 Show your Workings SECTION 2 SECTION 3 uctions SECTION 4 SECTION 5 SECTION 6 New 43 What is the company's master budget operating income (loss) for April? (2 marks) 45 Show your Workings 46 47 48 49 50 51 52 Select your answer from here: 53 54 Use the following data to answer questions 4 and 5. 55 The Huron Company produces three products with the following costs and selling prices: 56 57 Y Z 58 Selling Price per Unit $16 $21 $21 59 Variable Cost per Unit SZ $11 $13 60 Contribution Margin per Unit $9 $10 $8 61 Direct Labour Hours per Unit 1 1.5 2 > Instructions SECTION 2 SECTION 3 SECTION 4 SECTION 5 SECTION 6 New... $21 $21 Selling Price per Unit 59 Variable Cost per Und Contribution Mergin per Unit 62 Direct Labour Hours per Last Machine Hours per Uad $16 $7 $9 1 4.5 $10 15 2 25 66 4. If the number of direct labour hous is the production constraint, in which order should the company produce the three products? (2 marks) 65 66 Show your Workings 67 68 69 70 71 72 73 Select your answer from here: 74 75 5. If the number of machine hours is the production constraint, in which order should Madison produce the three products? (2 marks) 76 SECTION 2 SECTION 4 SECTION 3 SECTION 5 Instructions New... SECTION 6 Show your Working 79 81 83 84 Select your answer from here