Grippers Manufacturing has $5,300 cash on hand on January 1. The company requires a minimum cash balance of $5,000 at the end of each month. January's cash collections total $364,200. Total cash payments for January were $383,480. How much cash will Grippers need to borrow by the end of January?

A.Grippers Manufacturing will need to borrow $5,000.

B.Grippers Manufacturing will need to borrow $ 8,980.

C.Grippers Manufacturing will need to borrow $19,280.

D.Grippers Manufacturing will need to borrow $18,980.

E.Grippers Manufacturing will need to borrow $13,980.

\\(pcallvl I [.3 Dazzle Toy Company gathered the following actual results for the current month that just ended: Actual production 4,000 units Direct materials purchased and used (54!!) ms) $22.5\") Direct labour cost (4,500 hours) $51,750 Manufacturirg overhead costs incurred $24,000 Dazzle's standard cost and budget information are as follows: Bucheted production 3,500 units Direct materials 2 has/unit at $4.25 per unit Direct labour 1.5 hrslunlt at $12 per hour Variable manufacturing overhead $5 per unit Fixed manufacturing overhead SILM Based on the above information, what was the Direct Materials Price Variance for Dazzle Toy Company? A A. Direct Materials Price Variance = $1,250 F. A B. Direct Materials Price Variance = $6,875 F. A C. Direct Materials Price Variance = $6,875 U. A D. Direct Materials Price Variance = $1,250 U. A E. Direct Materials Price Variance = $1,563 F