Beasley Company sold 10,000 brooms in February. Each broom sells for $16.40. Beasley estimates 3% growth in sales each month. The dollar amount of broom sales expected for April should be:

	A.	$164,000
	B.	$184,584
	C.	$168,920
	D.	$173,988
	E.	$179,208

2.

Gilead Industries manufactures a single product, and each finished unit requires 3 pounds of direct materials that costs $3.50 per pound. Each month's ending raw materials inventory should equal 35% of the following month's budgeted materials. Gilead plans to manufacture 30,000 units in October and 34,000 units in November. The October 1 direct material inventory is 31,500 pounds. What is the budgeted materials cost for October?

	A.	$315,000.
	B.	$439,950.
	C.	$235,200.
	D.	$204,750.
	E.	$329,700.

3.

Duke Industries manufactured 3,500 units during November. Calculate the total direct labor variance using the date below.

Direct labor standard (4.00 hours @ $6.90/hour)	$ 27.60	per unit
Actual hours worked	12,450
Actual rate per hour	$ 7.30

	A.	$5,600 unfavorable.
	B.	$5,715 favorable.
	C.	$5,715 unfavorable.
	D.	$5,600 favorable.
	E.	$12,450 favorable.

4.

Landon Enterprises budgets sales for the year of $760,000 and cost of goods sold that is 40% of sales. The predicted selling expenses are $84,000 and the predicted general and administrative expenses are $93,000, which includes $26,000 of depreciation. The company's income tax rate is 30%. Budgeted net income is:

	A.	$456,000.
	B.	$279,000.
	C.	$83,700.
	D.	$195,300.
	E.	$85,300.

5.

Klein Company manufactures photo frames. It takes 2 hours of direct labor to produce a single photo frame. Klein's standard labor cost is $28 per hour. During May, Hassock produced 12,000 units and used 24,200 hours of direct labor at a total cost of $670,200. What is Klein's labor efficiency variance for May?

	A.	$9,300 unfavorable.
	B.	$5,600 unfavorable.
	C.	$7,400 favorable.
	D.	$5,600 favorable.
	E.	$1,900 unfavorable.