Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

Assume that a company provided the following information and assumptions from its master budget. Sales budget: Unit soles in June, July, and August are 20,000,

image text in transcribed
image text in transcribed
Assume that a company provided the following information and assumptions from its master budget. Sales budget: Unit soles in June, July, and August are 20,000, 18.000, and 17,000, respectively. The selling price per unit is $80. All sales are on account 20% of sales are collected in the month of sale and 80% are collected in the next month. Production budget: The ending finished goods inventory is always 25% of next month's unit sales. Direct laber budget. The direct lobor-hours required per unit is 1.50 hours. The direct labor cost per hour is $18. Manufacturing overheed budget The variable overhead rate is $2.00 per direct labor-hour. The total fixed manufacturing overhead is $70.000, which Includes $12.000 of depreciation What are the total budgeted cash disbursements for manufacturing overhead cost for July? Multiple Choice $123.250 $127.250 511250 Multiple Choice O $123,250 $127,250 $111,250 O $135,250

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

find all matrices A (a) A = 13 (b) A + A = 213

Answered: 1 week ago