1.Cameroon Corp. manufactures and sells electric staplers for $15.80 each. If 10,000 units were sold in December, and management forecasts 3.8% growth in sales each month, the number of electric stapler sales budgeted forMarchshould be:

Multiple Choice

• 10,000
• 11,183
• 10,380
• 10,774
• 10,980

2.A July sales forecast projects that 5,500 units are going to be sold at a price of $10.00 per unit. The management forecasts 2% growth in sales each month. Total August sales are anticipated to be:

Multiple Choice

• $55,000.
• $53,900.
• $57,200.
• $56,100.
• $52,250.

3.A sporting goods manufacturer budgets production of 59,000 pairs of ski boots in the first quarter and 50,000 pairs in the second quarter of the upcoming year. Each pair of boots require 2 kg of a key raw material. The company aims to end each quarter with ending raw materials inventory equal to 20% of the following quarter's material needs. Beginning inventory for this material is 23,600 kg and the cost per kg is $8. What is the budgeted materials purchases cost for the first quarter?

Multiple Choice

• $944,000.
• $915,200.
• $755,200.
• $972,800.
• $1,132,800.

4.The sales budget for Modesto Corp. shows that 21,300 units of Product A and 23,300 units of Product B are going to be sold for prices of $11.30 and $13.30, respectively. The desired ending inventory of Product A is 10% higher than its beginning inventory of 3,300 units. The beginning inventory of Product B is 3,800 units. The desired ending inventory of B is 4,300 units. Budgeted purchases of Product A for the year would be:

Multiple Choice

• 21,630 units.
• 20,800 units.
• 21,300 units.
• 13,430 units.
• 24,930 units.

5.Alliance Company's budgets production of 33,000 units in January and 37,000 units in the February. Each finished unit requires 4 pounds of raw material K that costs $2.50 per pound. Each month's ending raw materials inventory should equal 35% of the following month's budgeted materials. The January 1 inventory for this material is 46,200 pounds. What is the budgeted materials need in pounds for January?

Multiple Choice

• 137,600 pounds.
• 132,000 pounds.
• 85,800 pounds.
• 183,800 pounds.
• 98,000 pounds.

5.Flagstaff Company has budgeted production units for July of 8,200 units. Variable factory overhead is $1.2 per unit. Budgeted fixed factory overhead is $20,500, which includes $3,300 of factory equipment depreciation. Compute the total budgeted overhead to be reported on the factory overhead budget for the month.

Multiple Choice

• $27,040.
• $20,500.
• $25,400.
• $30,340.
• $9,840.

6.Webster Corporation's budgeted sales for February are $323,000. Webster pays sales representatives a commission of 6% of sales dollars. The company pays a sales manager a monthly salary of $4,200 and expects advertising expense of $1,800 per month. Compute the total selling expenses to be reported on the selling expense budget for the month of February.

Multiple Choice

• $25,380.
• $19,380.
• $6,000.
• $23,580.
• $21,180.