John Company expects to sell 50,770 units of nished goods over the next three-month period. The company has 21,050 units on hand and its managers want to have 27,590 units on hand at the end of the period. To produce one unit of finished product, 4 units of direct materials are needed. John has 115,020 units ofdirect material on hand and has budgeted for an ending inventory of 175,060 units. What is the amount of direct material to be purchased (in units)? Direct materials purchases units Save for Later Attempts: 0 of 1 used Nadia Company expects to have a cash balance of $45,300 on January 1, 2020. Nadia has budgeted the following for the first two months of the year 2020: 1. Collections from customers: January $89,300; February $110,500. 2 . Payments to suppliers: January $39,700; February $50,000. 3. Direct labour: January $29,700; February $35,000. Wages are paid in the month they are incurred. 4. Manufacturing overhead: January $25,200; February $30,100. Overhead costs are paid as incurred. 5 . Selling and administrative expenses: January $16,100; February $21,900. These costs do not include depreciation and they are paid as incurred. Sales of investments in January are expected to realize $10,100 in cash. Nadia Company wants to keep a minimum monthly 6. cash balance of $20,000.\fPaddu Company's budgeted sales and direct materials purchases follow. January was the first month of operations. Budgeted sales: January $138,800; February $190,800; March $251,600 Budgeted direct materials purchases: January $39,700; February $34,900; March $40,100 Paddu's sales are 35% cash and 65% credit. It collects credit sales 40% in the month of sale, 60% in the month following the sale. Paddu's purchases are 40% cash and 60% on account. It pays purchases on account 60% in the month of purchase, and 40% in the month following purchase. Prepare a schedule of expected collections for January, February, and March.Mackenna Industries projects its unit sales of part 998 to be 14,200 units in January, 17,500 units in February, and 19,500 units in March. Mackenna wants its ending finished goods inventory to equal 20% of the next month's expected unit sales. These goals have been met in the past two years. Prepare a production budget for January and February 2020. MACKENNA INDUSTRIES Production Budget for Part 998 For January and February, 2020Sierra Company is considering a long-term investment project called ZIP. ZIP will require an investment of $202,680. It will have a useful life of four yea rs and no salvage value. Annual cash inows would increase by $135,120, and annual cash outows would increase by $69,249. The company's required rate of return is 12%. Calculate the internal rate of return on this project. ( Round answer to 1 decimal place, 9.3. 12.4%.) Internal rate of return % Identify whether the project should be accepted or rejected. The project should be 4} Aliara Corporation is considering purchasing one of two new machines. Estimates for each machine are as follows: Machine A Machine B Investment $108,100 $155,400 Estimated life 8 years 8 years Estimated annual cash inflows $26,600 $39,800 Estimated annual cash outflows $6,200 $9,500 Salvage value for each machine is estimated to be zero.Salvage value for each machine is estimated to be zero. Click here to view PV table. Calculate the net present value of each project assuming a 6% discount rate. (If the net present value is negative, use either a negative sign preceding the number eg -45 or parentheses eg (45). For calculation purposes, use 5 decimal places as displayed in the factor table provided, e.g. 1.25124. Round present value answer to 0 decimal places, e.g. 125.) Net Present Value Machine A $ Machine B $ Which project should the company choose?Which one of the following is an example of a period cost? A change in benets for the union workers who work in the Toronto plant of a Fortune 1000 manufacturer. Workers' compensation insurance on factory workers wages allocated to the factory. 7' A processor used to produce computers. A manager's salary for work performed in the corporate head ofce. Bonita Combines Inc. has $3600 of finished goods inventory as of December 31, 2020. If beginning finished goods inventory was $2000 and cost of goods sold was $8400, how much would Bonita report for cost of goods manufactured? O $14000 O $2800 O $10000 O $6400What does the margin of safety measure? " How far prices can be changed before the CVP analysis is no longer valid. ' How much sales can drop before the rm has an operating loss. How far xed costs can drop before the rm has an operating loss. How far variable costs can rise before the rm has an operating loss. Fixed costs are $400000 and the contribution margin per unit is $50. What is the break-even point? O $800000 O $2000000 O 200000 units O 8000 unitsWhat is the process of evaluating financial data that changes under alternative courses of action called? O incremental analysis O decision-making analysis contribution margin analysis O cost-benefit analysisConcord Inc. currently manufactures a wicket as its main product. The costs per unit are as follows: Direct materials and direct labour $1030 Variable overhead 2.20 Fixed overhead 8.00 Total $20.50 The xed overhead is an allocated common cost. How much is the relevant cost of the wicket? ' $20.50 " $12.50 ' $10.30 " $13.30 Which budget is normally prepared first? the production budget O the sales budget the budgeted income statement O the cash budgetCrane Inc. makes and sells a single product, buckets. It takes 20 ounces of plastic to make one bucket. Budgeted production of buckets for the next three months is as follows: August 85000 units, September 70000 units, October 60000 units. The company wants to maintain monthly ending inventories of plastic equal to 10% of the following month's production needs. On August 31, 190000 ounces of plastic were on hand. The cost of plastic is $0.02 per ounce. How much is the ending inventory of plastic to be reported on the company's balance sheet at September 30? " $120000 " $2400 \" $2800 \" $7000 Which of the following represents a cash outflow? O overhaul of equipment increased cash received from customers O reduced cash flows for operating costs O salvage value of equipment when project is completedPresent Value of an Annuity of 1 Periods 7% 8% 9% 1 0.935 0.926 0.917 2 1.808 1.783 1.759 3 2.624 2.577 2.531 A company has a minimum required rate of return of 8% and is considering investing in a project that costs $51000 and is expected to generate cash inflows of $20500 at the end of each year for three years. The profitability index for this project is O 1.02. O 1.00. O 1.04. O 1.20