Gardner Company expects sales for October of $253,000. Experience suggests that 40% of sales are for cash and 60% are on credit. The company collects 50% of its credit sales in the month of sale and 50% in the month following sale. Budgeted Accounts Receivable on September 30 is $69,500. What is the amount of Accounts Receivable on the October 31 budgeted balance sheet? Multiple Choice $69,500. $101,200. $151,800. $126,500. $75,900. Use the following data to find the direct labor efficiency variance if the company produced 3,500 units during the period. Direct labor standard (4 hrs. @ $7.10/hr.) Actual hours worked Actual rate per hour $ 28.40 per unit 11,900 $ 7.35 Multiple Choice $14,910 favorable. $2,975 unfavorable. $3,500 unfavorable. $3,500 favorable. $2,975 favorable. A firm sells two products, Regular and Ultra. For every unit of Regular sold, two units of Ultra are sold. The firm's total fixed costs are $2,700,000. Selling prices and cost information for both products follow. What is the firm's break-even point in units of Regular and Ultra? Product Regular Ultra Unit Sales Price $ 33 Variable Cost Per Unit $ 15 36 Multiple Choice 37,500 Regular units and 37,500 Ultra units. 37,500 Regular units and 75,000 Ultra units. 75,000 Regular units and 37,500 Ultra units. 12,500 Regular units and 25,000 Ultra units. 43,750 Regular units and 87,500 Ultra units