d. $20,230 F 4. There are various budgets within the master budget. One of these budgets is the production budget. Which of the following best describes the production budget? a. it details required direct labor hours b. it details the required raw materials purchases c. it is calculated based on the sales budget and the desired ending inventory d. it summarizes the costs of producing units for the budget period 15. Signal Corporation produces and sells one product. The budgeted selling price per unit is $84. Budgeted unit sales for October, November, December, and January are 8,400. 12.000, 13,800, and i 4,300 units, respectively. All sales are on credit with 40% collected in the month of the sale and 60% in the following month. The expected cash collections for November is closest to: a. $826,560 b. $705,600 c. $423,360 d. $403,200 16. Poorly trained workers could have an unfavorable effect on which of the following variances? Materials Quantity Variance A. B. C. D. Labor Rate Variance es Yes No No Yes No Yes No