Answered step by step
Verified Expert Solution
Question
1 Approved Answer
3. Whistle Works manufacturers safety whistle keychains. They have the following information available to prepare their master budget: MOH Costs Variable MOH Costs Fixed MOH
3.
Whistle Works manufacturers safety whistle keychains. They have the following information available to prepare their master budget: MOH Costs Variable MOH Costs Fixed MOH Costs $1.00 per unit produced $226,000 Other Info: Units produced in 2016 Units sold in 2016 48.000 44,500 Whistle Works sells each whistle for $8. It's been determined that each unit costs $8.25 to manufacture. How much is total budgeted MOH costs for the year ended 2016? O A. $92,500 O B. $274,000 C. $270,500 OD. $226,000 Natcher Corporation collects 30% of a month's sales in the month of sale, 55% in the month following sale, and 10% in the second month following sale. The company has found that 5% of their sales are uncollectible. Budgeted sales for the upcoming four months are: August budgeted sales September budgeted sales October budgeted sales November budgeted sales $250,000 $300,000 $310,000 $250,000 The amount of cash that will be collected in November is budgeted to be O A. $285,500 O B. $75,000 OC. $275,500 OD. $237,500Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started