i need 1 through 50 please as soon as possible

20) The starting point in developing the master budget is the preparation of the B) production budget D) sales budget A) budgeted income statement C) cash budget on hand at the beginning of quarter is 5000 units. The desired ending inventory is 3000 units. Calculate the budgeted production for the first quarter 21) Bulildog, Inc has budgeted sales for the first quarter of the next year to be 45,000 units. The inventory 21) D) 40,000 units B) 3000 units C) 43,000 units A) 48,000 units 22) In the cost of goods sold budget, projected manufacturing cost per unit of product sold does NOT cost per unit. B) variable manufacturing overhead D) sales commission include A) direct materials C) direct labor 23) 23) The sales budget is cansidered the cornerstone of the master budget because A) it plays a minor role in the preparation of the operating budget the level of sales arrects almost all of the other elements of the master budget C) it is prepared last and summarizes all of the other elements of the budget D) it determines the amount of materialks to purchase for production 2) In the production budget, the total number of units to be produced is equal to budgeted sales in units2 A) minus the desired units in ending inventory minus the number of units in beginning inventory 8) plus the desired units in ending Inventory plus the number of units in beginning inventory C) plus the desired units in ending inventory minus the number of units in beginning inventory D) minus the desired units in ending inventory plus the number of units in beginning inventcry 25) 25) Galina, Inc has prepared the following direct materials purchases budget Budgefed DNM Month $69,000 8,500 78,100 September Allpurchases are paid for as follows: 40% in the month of purchase, 50% in the following month, and 10% two months after purchase. Calculate the budgeted balance of accounts payable at the end of October A) $15,420 B) $7600 C) $54,520 D) $46,920 26) Kuzma Foods, Inc. has budgeted sales for June and July at $680,000 and $750,000, respectively. Sales collected in the following 26) are 90% credit, of which 70% is collected in the month or sale and 30% month. What is the budgeted Accounts Recelvable balance on July 31? ) $675,000 A) $183,600 C) $225,000 D) $202,500 the following data: 2) Saniya Corp is preparing their budget for the second quarter and pravides $20,000 $24,000$23,000 Budgeted purchases of direct materials Budgeted Cash Payments for Parchases of direct materials 60% of previous month purchases 40% or current month purchases May Jun Apt $6,000 $12,000$14.400 1400 Total cash payments Assume that accounts payable pertains only to suppliers of direct materials inventory. Based on the June 30 is above data, the amount of Accounts Payable that should be shown in the budgeted balance sheet as of A) $23,600 C) $14,400 D) $9200 B) $13.800 33) 33) Which of the following would not appear on a cash budget for a manufacturer? A) Salaries paid B) Cash payments for direct materials purchases C) Depreciation Expense Utilities paid 34) Infinity Clock Company prepared the following static budget for the year 34) Uni Per Unit Sales Revenue Variable Costs Fixed Costs Operating Income/tl.oss) ir a fiexible budget is prepared at a volume of 7800 units, calculate the amount of operating income The production level is within the relevant range A) $3000 ) $43,800 C) $7800 D) $27,000 35) Which of the follewing amounts of a flexible budget remains constant, within the specified relevant 35) range, when the sales volune charges? A) total contribution margin C) total sales revenue B) total fixed costs D) total varlable costs 36) Which of the tollowing amounts of a friexlble budget changes, within the specified relevant range, with 34) changes in sales volume? A) total contribution margin C) total fixed costs B) variable cost per unit D) sales price per unit 37) Which of the following is the correct formula for measuring a cost variance? A) Cost Variance (Actual Cost Standard Cost) Actual Quantity 8) Cost Variance (Actual Cost+ Standard Cost) / Actual Quantity C) Cost Variance (Actual Cost-Standard Cost) Actual Quantity D) Cost Varlance (Actual Cost-Standard Cost)-Actual Quantity 37) 38) Which of the following is the correct formula for measuring an efficlency variance? A) Efficiency Varlance (Actuail Quantity Standard Quantity) - Standard Cost 8) Efficiency Varlance (Actual Quantity Standard Quantity)/Standard Cost C) Efficiency Variance (Actual Quantity - Standard Quantity) Standard Cost D) Efriciency Variance-(Actual Quantity/Standard Quantity)Standard Cost 39) Seaworthy Designs manufactures special metalic materials and decorative fittings for luxury yachts 39) that require highly skilled labor. Seaworthy uses standard costs to prepare its flexible budget. For the irst quarter of the year, direct materials and direct labor standards for one of their popular products were as follows Direct materials 4 pounds per unit: Se per pound Direct labor:4 hours per unit $17 per hour During the first quarter, Seaworthy produced 4000 units of this product. Actual direct materlals and direct labor costs were $66,000 and $328,000, respectively For the purpose of preparing the flexible buget, what is the total standard direct labor cost at a production volume of 4000 units? A) $272.000 ) $68,000 C) $66,000 D) $328,000 40) Oceanside Marine Company manufactures special metallic materials and decorative fittings for 40) luxury yachts that require highly skilled labor. Oceanside uses standard costs to prepare its flexibke budget. For the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follow Direct materials: 2 pcund per unit: $12 per pound Direct labor: 2 hours per unit $16 per hour Oceanside produced 3000 units during the quarter. At the end of the quarter, an examination of the direct materials records showed that the company used 6500 pounds of direct materials and actual total materials costs were $99,600. What is the direct materials cost varlance? (Round any intermediate calculations to the nearest and your final answer to the nearest dollar) A) 521,600 Unfaverable C) S9960 Favorable B) $9960 Unfavorable D) $21,600 Favorable 1) Allen Boating Company manufactures special metallic materials and decorative fittings for luxury yachts that require highty skilled labor. Allen uses standard costs to prepare Its flexible budget For the first quarter were as foilows 41) of the year, direct materials and direct labor standards for one of their popular products Direct materials: 1 pound per unit $11 per pound Direct labor: 4 hours per unit;$19 per hour Allen produced 4000 units during the quarter. At the end of the quarter, an examination of the direct materials records showed that the company used 7500 pounds of direct materials and actual total materials costs were $99,300 What is the direct materials efficiency varlance? A) $44,000 U B) $38.500F C) $44,000 F D) $38.500 u 48) 48) Marciano Manufacturing uses a standard cost system. Standards for direct materials are as follows Direct materials (pounds per unit of outpur) Cost per pound of direct materials The company plans to produce 3500 units and has purchased on account 15,000 pounds of direct materlals at a net cost of $43,200. What is the journal entry to record this transaction? Direct Materials Cost Variance 43,200 43.200 1800 Direct Materials Cost Variance Accounts Payable Direct Materials Cost Varlance able 41.400 D) Raw Materials Inventory 41,400 1800 Direct Materials Cost Variance Accounts Payable 49) Under a standard cost system, when recording the usa of direct materlals in the production process, 49) the debit to Work-in-Process Inventory is A) standard quantity for actual production times actual cost per unit of direct materials B) standard quantity for actual production times standard cost per unit of direct materials C) actual quantity times standard cost per unit of direct materlalbs D) actual quantity times actual cost per unit of direct materials 50) Under a standard cost system, the journal entry to record direct labor Includes 50) A) a credit for standard quantity usage for actual production times actual cost per hour B) a debit for actual quantity times standard cost per hour C) a credit for standard quantity for actual production times standard cost per hour D) a debit for standard direct labor quantity for actual production times standard direct labor cost per hour