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Just need help on 19, 21 & 22. Thank you!!! The direct materials budget show the following: the total direct materials required for production is

image text in transcribedJust need help on 19, 21 & 22. Thank you!!!
The direct materials budget show the following: the total direct materials required for production is a. 34,000 pounds. b. 13, 200 pounds. c. 20, 800 pounds. d. 202, 800 pounds. e. Not able to be determined from the provided information. Fast way estimates its sales at 240,000 units in the first quarter and that sales will increase by 24,000 units each quarter during the year. Fast way has. and desires, an ending inventory of finished goods each quarter that is 25% of the unit sales volume, Each unit of product sells for $25, 40% of sales are for cash, and the balance of sales are on credit terms. 70% of credit sales are paid within the same quarter as when associated sales occur, and the remainder of credit sales are paid in the following quarter. Given the above, cash collections for the third quarter are budgeted at a. $4, 068,000. b. $5, 904,000. c. $7, 092,000. d. $8, 208,000. e. $5, 708,000. Which of the following would not be classified as a financing activity? a. Sale of common stock b. Payment of dividends c. Issuance of bonds at a discount d. Repayment of bonds payable c. Purchase of long-term bonds What is the source of input for the Production Budget? a. Cash budget b. Direct materials budget c. Direct labor budget d. Manufacturing overhead budget e. None of the above

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