All of Gaylord Corporation's sales are on account. Thirty-five percent otthe sales on account are collected in the month of sale, 45% in the month following sale. and the remainder are collected in the second month following sale The following are budgeted sales data for the company: January February March April Total sales $50, 000 $68, 888 $40, 800 $30, 000 What is the amount Of cash that should be Collected in March? Multiple Choice 0 $24,000 $37.00 0 O 0 $41,000 0 $51900 \fThe manufacturing overhead budget at Franklyn Corporation is based on budgeted direct labor-hours. The direct labor budget indicates that 3,400 direct labor-hours will be required in January. The variable overhead rate is $9 per direct labor-hour. The company's budgeted fixed manufacturing overhead is 3543.180 per month, which includes depreciation of $3,580. All other fixed manufacturing overhead costs represent current cash flows. The January cash disbursements for manufacturing overhead on the manufacturing overhead budget should be: Multiple Choice 0 $73,780 $30,600 0 O $70200 0 $39,600 Schuepter Incorporated bases its selling and administrative expense budget on budgeted unit sales. The sales budget shows 1.800 units are planned to be sold in March. The variable selling and administrative expense is $4.90 per unit. The budgeted fixed selling and administrative expense is $35,680 per month, which includes depreciation of $3.300 per month. The remainder of the fixed selling and administrative expense represents current cash flows. The cash disbursements for selling and administrative expenses on the March selling and administrative expense budget should be: Multiple Choice $44,500 $4i_200 $32,380 $8,820 0000 \fSarafiny Corporation is in the process of preparing its annual budget. The following beginning and ending inventory levels are planned for the year. Beginning Ending Inventory Inventory Finished goods (units) 23,000 73,000 Raw material (grams) 53,000 43,000 Each unit oflinisned goods requires 2 grams of raw material. The company plans to sell 580,000 units during the year. The number of unlts the company would have to manufacture durlng the year would be: Multiple Choice 0 580.000 units 653,000 units 0 527,000 units 630,000 units \f10 The manufacturing overhead budget at Polich Corparation lS based on budgeted direct labor-hours. The direct labor budget indicates that 9,700 direct labor-hours will be required in February. The variable overhead rate is $8.30 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $137740 per month, which includes depreciation of $18,140. All other fixed manufacturing overhead costs represent current cash flows. The February cash disbursements for manufacturing overhead on the manufacturing overhead budget should be: Multiple Choice 0 $805\") $218,250 $200,110 0 O $119500 O 11 Monthly Variable Cost Fixed Cost Per Deb Sold Sales commissions $ 8.93 Shipping $ 1.43 Advertising $ 58,388 $ 8.23 Executive salaries $ 68,388 Depreciation on office equipment 3; 28,388 Other 35 40,380 Ali efthese expenses (except depreciation) are paid in cash in the month they are incurred. Ifthe company has budgeted to sell 15.300 Debs in February, then the total budgeted fixed selling and administrative expenses for February is: Multiple Choice 0 $120,900 $130,900 O 0 $150,900 O $171,200