If it takes 6 direct labor hours to produce a motor and if direct labor is payed $5 per hour, what is the budgeted direct labor cost if 80 motors are budgeted for production? a. $480 b. $400 c. $2000 d. $2480 e. None of the above A company has cash receipts of $430,000 and cash disbursements $405,000. The companies beginning cash was $21,000. If the company must maintain a minimum $50,000 cash balance, how much must the company borrow? a. $4,000 b. $25,000 c. $46,000 d. $54,000 Which would likely be prepared last? a. Operating budget b. Production budget c. Sales budget d. Cash Budget Which cost would most likely include both a variable and fixed cost element? a. Direct labor b. Manufacturing Overhead c. Direct Material d. Administrator salaries