12. Consider Derek's budget information: materials to be used totals $64,700: direct labor totals $201,000: factory 31, $198,000. What is the budgeted cost of goods manufactured for the year? overhead totals $401,500; work in process inventory January 1.$185,900: and work in progress invent a. $655,100 b. $198,000 c. $667.200 d. $853,100 19. Southern Company is preparing a cash budget for April. The company has $12.000 cash at the beginning of April and anticipates $30,000 in cash receipts and $34,500 in cash disbursements during April. Southern Company has an agreement with its bank to maintain a minimum cash balance of $10.000. To maintain the required balance during April. the company must a. borrow $2,500 b. borrow $4,500 c. borrow $5.000 d. borrow $7.500 21. Mandy Corporation sells a single product. Budgeted sales for the year are anticipated to be 640.000 units, estimated beginning inventory is 98.000 units, and desired ending inventory is 80,000 units. The quantities of direct materials expected to be used for each unit of finished product are given below Material A 0.50 lb. per unit @$0.60 per pound Material 8 1.00 lb. per unit@$1.70 per pound Material C 1.20 lb. per unit $1.00 per pound The dollar amount of Material B used in production during the year is a. $1.193,400 b. $1.057.400 C. $1,026,800 d. $1.224,000