9) Led Zeppelin Get the Lead Out Inc. has a cash balance of $ 14,000 on April 1. The company must maintain a minimum cash balance of $ 10,000. During April, expected cash receipts are $55,000. Cash disbursements during the month are expected to total $62,500. Ignoring interest payments, during April the company will need to borrow:

A) $5,300

B) $ 0

C) $3,500

D) $6,500

10) Mama Kin LLC makes one product and has provided the following information:

a. Each unit of finished goods requires 5 pounds of raw materials. The raw materials cost $5.00 per pound.

b. 2000 units were produced

c. The direct labor wage rate is $24.00 per hour. Each unit of finished goods requires 3 direct labor-hours.

d. Manufacturing overhead is entirely variable and is $4.00 per machine hour.

e. The variable selling and administrative expense per unit sold is $3.80. The fixed selling and administrative expense per month is $50,000.

f. Machine hours were 10,000 for the units produced

The unit product cost is closest to:

A) $100

B) $120.80

C) $97

D) $117