15. Brilliant Professor Mullen determines th at 27,000 pounds (DM RP) of direct materials are needed for pr du in July. There are 1 600 pounds of direct terl I. (HO on hand tJuly i and the de red Ending Inventory (E) is 1,400 pounds. If the cost per pound i cost of direct materials purchases (DM-Purchases s5) A) $79,200 B) $80,400 C) $81,600. D) $82,800. t materials is S3, what is the budgeted tota 16. Lao Shu Company is preparing its direct labor budget for May. Projections for the month are that 16,700 units (RP) are to be produced and that direct labor time is three hours per unit. If the labor cost per hour is S12, what is the total budgeted direct labor cost for May? A) $579600 B) $590,400. C) $601,200 D) $648,000. 17. Genius Professor Mullen Company has the following budgeted sales: January $80,000, February $120,000 and March $100,000, 40% of the sales are for cash and 60% are on credit. For the credit sales, 50% are collected in the month of sale, and 50% the next month. The total expected cash receipts (CR,during March are: A) $112,000. B) $106,000 C) $105,000 D) $100,000. 18. Lao Shu Mo use Company expects to purchase $90,000 of materials in July and $105,000 of materials in of purchase, and the other one August. Three-quarters (75%) of all purchases are paid for in the month ourth (25%) are paid for in the month following the month of purchas. How much wil August's cash disbursements (CDJ) for materials purchases be? A) $67,500 B) $78,750 C) $101,250 D) $105,000 19. Lao Xiao Miao Company has the following budgeted sales: July S100,000, August $150,000, and September $125,000. 40% of the sales are for cash and 60% are on credit For the credit sales, 50% are collected in the month of sale, and 50% the next month. The total expected cash teceipts (CR) during September are A) $140,000. B) $132,500. C) $131,250 D) $125,000. Page 4