BW Department Store expects to generate the following sales for the next three months: Expected sales July $490,000 August $540,000 September $580,000 BW's cost of goods sold is 60% of sales dollars. At the end of each month, BW wants a merchandise inventory balance equal to 25% of the following month's expected cost of goods sold. What dollar amount of merchandise inventory should BW plan to purchase in August? A) $330,000 B) $314,600 C) $352,800 D) $327,800 The manufacturing overhead budget at Franklyn Corporation is based on budgeted direct labor-hours. The direct labor budget indicates that 4,400 direct labor-hours will be required in January. The vrlable overhead rate is $1,30 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $60,280 per month, which includes depreciation of $17,160. All other fixed manufacturing overhead costs represent current cash flows. The January cash disbursements for manufacturing overhead on the manufacturing overhead budget should be: A) $5.720 B) $43.120 C) $48.840 D) $66.000 Magno Cereal Corporation uses a standard cost system for its crunchy pickle" cereal. The materials standard for each batch of cereal produced is 1.4 pounds of pickles at a standard cost of $3.00 per pound. During the month of August, Magno purchased 78,000 pounds of pickles at a total cost of $253,500. Magno used all of these pickles to produce 60,000 batches of cereal. What Is Magno's materials quantity variance for August? A) $1,500 Unfavorable B) $18.000 Favorable C) $19,500 Unfavorable D) $54.000 Unfavorable