1. Charm Enterprises' production budget shows the following units to be produced for the coming three months:

April-3310 May- 3630 June- 3510

A finished unit requires five ounces of a key direct material. The March 31 Raw Materials Inventory has 7,260 ounces (oz.) of the material. Each month's ending Raw Materials Inventory should be 40% of the following month's production needs. Materials purchases in May should be?

2) Use the following information to determine the margin of safety in dollars:

Unit sales-68,000 Units

Dollar sales-$680,000

Fixed costs- $191,997

Variable costs- $282,200

3)Webster Corporation is preparing its cash budget for April. The March 31 cash balance is $35,900. Cash receipts are expected to be $636,000 and cash payments for purchases are expected to be $603,500. Other cash expenses expected are $26,500 selling and $33,000 general and administrative. The company desires a minimum cash balance at the end of each month of $25,000. If necessary, the company borrows enough cash to meet the minimum using a short-term note. Webster's preliminary cash balance before loan activity for April is expected to be:

4) Zhang Industries sells a product for $770. Unit sales for May were 500 and each month's sales are expected to exceed the prior month's results by 2%. Compute the total budgeted sales dollars for the month ended June 30.

5) A sporting goods manufacturer budgets production of 55,000 pairs of ski boots in the first quarter and 46,000 pairs in the second quarter of the upcoming year. Each pair of boots requires 2 kilograms (kg) of a key raw material. The company aims to end each quarter with ending raw materials inventory equal to 15% of the following quarter's material needs. Beginning inventory for this material is 16,500 kg and the cost per kg is $8. What is the budgeted materials purchases cost for the first quarter?

6) Ruiz Co.'s budget includes the following credit sales for the current year: September, $159,000; October, $150,000; November, $134,000; December, $171,000. Credit sales are collected as follows: 15% in the month of sale, 50% in the first month after sale, and 35% in the second month after sale. How much cash can the company expect to collect in December as a result of current and past credit sales?

7)Cahuilla Corporation predicts the following sales in units for the coming four months:

April-320 May-360 June-380 July- 320

Each month's ending Finished Goods Inventory in units should be 40% of the next month's sales. March 31 Finished Goods inventory is 128 units. A finished unit requires five pounds of direct material B at a cost of $2.00 per pound. The March 31 Raw Materials Inventory has 280 pounds of direct material B. Each month's ending Raw Materials Inventory should be 30% of the following month's production needs. The budgeted cost of direct material B during May should be: