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5)Feild Corporation pays for 70% of its raw materials purchases in the month of purchase and 30% in the following month. If the budgeted cost
5)Feild Corporation pays for 70% of its raw materials purchases in the month of purchase and 30% in the following month. If the budgeted cost of raw materials purchases in July is $248,750 and in August is $280,050, then in August the total budgeted cash disbursements for raw materials purchases is closest to:
A) $258,140
B) $270,660
C) $174,125
D) $ 84,015
6) Hotel California a Sub S Corporation manufactures and sells dresses. Each dress (unit) requires 2.5 yards of cloth. Selected data from the master budget for next quarter are shown below:
Budgeted sales (in units)
July 6,000, August 9,000, September 12,000
Budgeted produccion (in units)
July 8,000 August 10,500 September 14,000
Each unit requires 0.9 hours of direct labor, and the average hourly cost of Hotel's direct labor is $20. What is the cost of Hotel Cal. direct labor in September?
A) $468,000
B) $252,000
C) $216,000
D) $185,000
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