b

Question 15 A company is preparing its cash budoet. It cash balance on mart 290,000 and it has a moment. The data provided: January February March Cash receipt 51,061,200 5112400 51.091,700 Kash payments $984,500 $1,210,000 31.075.000 What is the amount of the deficiency or excess cash (after considering the minimum cash balance required for anuary O excess of $60,000 deficiency of $136,700 O excess of $366,700 excess of $26,700 Question 16 The level of inventory of a manufactured product has decreased by 8.000 units during a period. The following the water Fixed Variable 524.00 51300 Unit manufacturing costs for the period Unit operating expenses for the period 3.00 10.00 What would be the effect on income from operations if variable costing is uued rather than absorption costing? O $104.000 decrease $80,000 Increase O $80,000 decrease O $104,000 Increase Question 17 Which of the following budgets allow for adjustments in activity levels? O static budget o flexible budget O zero-based budget continuous budget Question 18 The following data relate to direct labor costs for the current period: Standard costs: 6.000 hours at $12.00. Actual costs: 7,500 hours at $11.40. What is the direct labor rate variance? O $4,500 favorable O $17.100 unfavorable O $3,600 favorable O $18,000 unfavorable