Question
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 |
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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
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$4,500
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$124,000
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$44,500
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$138,500
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