25.On its December 31, 2017, balance sheet, Calgary Industries reports equipment of $420,000 and accumulated depreciation of $84,000. During 2018, the company plans to purchase additional equipment costing $90,000 and expects depreciation expense of $35,000. Additionally, it plans to dispose of equipment that originally cost $47,000 and had accumulated depreciation of $6,600. The balances for equipment and accumulated depreciation, respectively, on the December 31, 2018 budgeted balance sheet are:

24.Flagstaff Company has budgeted production units of 8,000 for July and 8,200 for August. The direct materials requirement per unit is 3 ounces (oz.). The company has determined that it wants to have safety stock of direct materials on hand at the end of each month to complete 25% of the units budgeted in the following month. There was 6,000 ounces of direct material in inventory at the start of July. The total amount of direct materials in ounces, to be purchased in July is:

23.Webster Corporation is preparing its cash budget for April. The March 31 cash balance is $37,200. Cash receipts are expected to be $649,000 and cash payments for purchases are expected to be $616,500. Other cash expenses expected are $27,800 selling and $34,300 general and administrative. The company desires a minimum cash balance at the end of each month of $38,000. If necessary, the company borrows enough cash to meet the minimum using a short-term note. Webster's preliminary cash balance before loan activity for April is expected to be:

22.Zhang Industries sells a product for $650. Unit sales for May were 400 and each month's sales are expected to exceed the prior month's results by 2%. Zhang pays a sales manager a monthly salary of $3,500 and a commission of 1% of sales in dollars. Assume 30% of Zhang's sales are for cash. The remaining 70% are credit sales; these customers pay in the month following the sale. Compute the budgeted cash receipts for June.

21.Zhang Industries sells a product for $710. Unit sales for May were 500 and each month's sales are expected to exceed the prior month's results by 2%. Zhang pays a sales manager a monthly salary of $4,300 and a commission of 1% of sales. Compute the projected selling expense to be reported on the selling expense budget for the manager for month ended June 30.