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Assume a companys budgeted unit sales and its required production in units for April are 86,000 units and 84,000 units, respectively. The direct labor-hours required

Assume a companys budgeted unit sales and its required production in units for April are 86,000 units and 84,000 units, respectively. The direct labor-hours required per unit is 1.50 hours and the direct labor wage rate is $16.25 per hour. What is the budgeted direct labor cost for April? Multiple Choice $2,081,833 $2,083,017 $2,047,500 $2,096,250

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Assume a merchandising company provides the following information from its master budget for the month of May:

Sales $ 248,000
Cost of goods sold $ 84,500
Cash paid for merchandise purchases $ 79,500
Selling and administrative expenses $ 39,500
Cash paid for selling and administrative expenses $ 40,000

What is the budgeted net operating income?

Multiple Choice

  • $4,500

  • $124,000

  • $44,500

  • $138,500

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