31) Green Department Stores is considering two possible expansion plans One proposal Involves opening 5 stores would focus on Georgia and open 6 stores at a cost of $2,500,000. The following information is available 1810,000 $2,500,000 Estimated life $800,000 14% Estimated anrvual cash inflows over the next 9 years 14% uired rate of return The payback period for the Florida proposal is closest to D) 3.13 years B) 4.11 years C) 30.17 years A) 3.62 years. 32) Deuxieme Maison Mig, builds pre-fabricated walls that it sells to schools and munsipalities. Deuxieme Malson's management has contracted you to perform a variance analysis on the fixed manufacturing overheasd for its line of pre-fabricated walls Deuxieme Maison's cost accounting team informs you that it allocates fixed overhead based on machine hours. This period production was budgeted at 35 walls. Budgeted and actual production data follows: Actual production What is the fixed manufacturing overhead budget variance in this period? A) $28,030 unfavorable C) $18,270 unfavorable B) $18,270 favorable D) $28,030 favorable 33) All of the following budgets are prepared by merchandising companies except A) cash. C) capital expenditures. B) budgeted income statement. D) manufacturing overhead 34) We Got Clocks Inc produces dlocks. According to company standards, it should take 2 hours of direct labor to a clock. We Got Clod's standard labor cost is S10 per hour. During June, We Got Clocks produced 5600 clocks and used 14,000 hours of direct labor at a total cost of $266,000. What is We Got Clocks' direct labor rate variance for June? A) $126,000 unfavorable C) $2800 unfavorable B) $2800 favorable D) $126,000 favorable 35) The store manager at the Dick's Sporting Goods location in Columbus, Ohio, may be in charge of an) A) cost center B) investment centerC) profit center D) revenue center 36) SAAC Company is preparing its cash budget for the upcoming month. The beginning cash balance for the month is expected to be $10,000. Budgeted cash receipts are $85,000, while budgeted cash disbursements are 566,000. SAAC Company wants to have an ending cash balance of $25,000. The excess (deficiency) of cash available over disbursements for the month would be A) $161,000 B) $(29,000). C) $29,000 D) $91,000 C-8