I need these ASAP!! Just the answers!!
Question 16 17 points) Listen Classica Industries provides financial consulting and has collected the following data for the next year's budgeted activity for a lead consultant. Consultants' wages $95000 Fringe benefits $22500 Related overhead $17500 Supply clerk's wages $18000 Fringe benefits $4000 Related overhead $20000 Profit margin per hour $20 Profit margin on 15% materials Total estimated 5000 consulting hours Total estimated material $164000 costs The labor rate per hour is $27.00 $47.00 $42.50 $43.50 Question 17 17 points) Listen Madison Corp. plans to introduce a new product and is using the target cost approach. Projected sales revenue is $1710000 ($6.00 per unit) and target costs are $1510500. What is the desired profit per unit? $0.75 None of the above $5.30 $3.00 Question 18 (7 points) 3 Listen Gershwin Company's activity cost pool for machine setups has estimated overhead of $360,000. Gewshwin produces strings (400 setups) and hammers (600 setups). How much of the machine setup cost pool should be assigned to strings? 1) $180,000 O2) $144,000 3) $360,000 04) $216,000 Question 19 (7 points) Listen Calipso Manufacturing has the following budgeted sales: January $120,000. February $180,000, March $150,000, April $130,000, and May $160,000.. 40% of the sales are for cash and 60% are on credit. For the credit sales, 50% are collected in the month of sale, and 50% the next month. The total expected cash receipts during March are: 1) $168,000 2) $150,000 3) $159,000. 4) $157,500. de Question 2017 points) Listen 3 On January 1, 2020, Buck Corp. has beginning inventory of 2,000 deer stands Buck estimates it will sell 10,000 units during the first quarter of 2020 with a 12% increase in sales each quarter. Buck's policy is to maintain an ending inventory equal to 25% of the next quarter's sales. Each deer stand costs $100 and is sold for $150. How much is budgeted sales revenue for the third quarter of 2020? 1) $1,950,000 2) $12,544 3) $450,000 4) $1,881,600