16) A budgeting technique that requires managers to account for all revenves and expenses for each new period is called A) zero-based budget B) justification budget C) flexible budget b) defensive budget 17) Bulldog, inc, has budgeted sales for the first quarter of next year at 40,000 units, On-hand inventony at the beginning of the quarter is 10,000 units. The desired ending inventory is 1000 units. Calculate the budgeted production for the first quarter. A) 1000 units B) 31,000 units C) 30,000 units D) 41,000 units 18) Becidze Manufacturing expects to produce 2,400 units in January and 3,700 units in February. Becidze has a budget of $45 per unit for direct materials. The amount of indirect materials required for production has been determined to be insignificant and therefore will not be considered in the calculation. The balance in the Ray Materials inventory (all direct materials) account on January 1 is $37,250. Besidge,wants the ending balance in Raw Materials inventory to be 70% of the direct materials needed for next month's production. The desired ending balance for february is $51,300. What is the cost of the budgeted purchases of direct materials needed for January? A) 5108,000 8) $224,550 c) $187,300 D) 5146,350 19) The budgeted production of Capricorn, Inc. is 10,000 units per month. Each unit requires 20 minutes of direct work to complete. Direct labgs, rate is $100 per hour, Calculate the budgeted cost of direct labor for the month. (Round any intermediate calculations to the nearest cent and your final answer to the nearest dollar.) A) $333,333 B) $66,667 c) $1,000,000 D) 550,000 2) When preparing the direct laber budget, A) the production manager projects average direct labercosts B) the direct labss hours required for production are multiplied by the direct labgr cost per hour C) the actual direct hourly labor cost must be known D) the budgeted units to be produced are multiplied by the hourly direct labsc cost to determine the budgeted direct labor cost