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August. Each unit requires 0.25 direct labor hours. How many direct labor hours are budgeted for August? 15. Belant Company budgeted 200,000 units for June,

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August. Each unit requires 0.25 direct labor hours. How many direct labor hours are budgeted for August? 15. Belant Company budgeted 200,000 units for June, 210,000 for July and 300,000 for a. 50,000 b. 5,000 c. 75,000 d. 52,500 e. 300,000 16. Sorrell Company makes all its sales on account. Accounts receivable payment experience is as follows Percent paid in the month of sale Percent paid in the month after the sale 30% 60% 8% Percent paid in the second month after the sale Sorrell provided information on sales as follows: $100,000 $120,000 $130,000 August (expected) $150,000 May June July How much of May's sales are expected to be uncollectible? a. $8,000 b. $2,000 c. $2,500 d. $7,200 e. $0 17.T F The budget can be a powerful motivational tool. 18. If Division Inc. expects to sell 200,000 units in the current year, desires ending inventory of 24,000 units, and has 22,000 units on hand as of the beginning of the year, the budgeted volume of production for the year is a. 198,000 units. b. 224,000 units c. 222,000 units d. 200,000 units

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