A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:

Selling price	$110
Units in beginning inventory	0
Units produced	2,400
Units sold	2,100
Units in ending inventory	300
Variable cost per unit:
Direct materials	$41
Direct labor	$15
Variable manufacturing overhead	$7
Variable selling and administrative	$9
Fixed costs:
Fixed manufacturing overhead	$64,800
Fixed selling and administrative expenses	$8,400

The total gross margin for the month under absorption costing is:

	$42,000
	$14,700
	$69,000
	$79,800

Colasuonno Corporation has two divisions: the West Division and the East Division. The corporation's net operating income is $97,100. The West Division's divisional segment margin is $46,600 and the East Division's divisional segment margin is $173,800. What is the amount of the common fixed expense not traceable to the individual divisions?

	$270,900
	$220,400
	$123,300
	$143,700

The following data have been taken from the budget reports of Brandon company, a merchandising company.

	Purchases	Sales
January	$270,000	$210,000
February	$270,000	$310,000
March	$270,000	$350,000
April	$250,000	$410,000
May	$250,000	$370,000
June	$230,000	$350,000

Thirty percent of purchases are paid for in cash at the time of purchase, and 35% are paid for in each of the next two months. Purchases for the previous November and December were $260,000 per month. Employee wages are 15% of sales for the month in which the sales occur. Selling and administrative expenses are 25% of the following month's sales. (July sales are budgeted to be $330,000.) Interest payments of $17,000 are paid quarterly in January and April. Brandon's cash disbursements for the month of April would be:

rev: 10_27_2011

	$404,500
	$310,000
	$435,000
	$250,000

The Willsey Merchandise Company has budgeted $42,000 in sales for the month of December. The company's cost of goods sold is 20% of sales. If the company has budgeted to purchase $14,500 in merchandise during December, then the budgeted change in inventory levels over the month of December is:

	$27,500 decrease
	$6,100 increase
	$19,100 decrease
	$24,200 increase