LHU Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 1.7 hours of direct labor at the rate of $7.00 per direct labor-hour. Management would like you to prepare a Direct Labor Budget for June. The company plans to sell 43,000 units of Product WZ in June. The finished goods inventories on June 1 and June 30 are budgeted to be 600 and 160 units, respectively. Budgeted direct labor costs for June would be:

$516,936

$506,464

$297,920

$511,700

The Gomez Company, a merchandising firm, has budgeted its activity for December according to the following information Sales at $580,000, all for cash. Merchandise Inventory on November 30 was $290,000. The cash balance at December 1 was $28,000. Selling and administrative expenses are budgeted at $36,000 for December and are paid for in cash. Budgeted depreciation for December is $28,000. The planned merchandise inventory on December 31 is $302,000. The cost of goods sold represents 66% of the selling price. All purchases are paid for in cash. The budgeted cash disbursements for December are:

$458,800

$394,800

$418,800

$430,800

Carpon Lumber sells lumber and general building supplies to building contractors in a medium-sized town in Montana. Data regarding the store's operations follow: Sales are budgeted at $440,000 for November, $450,000 for December, and $470,000 for January Collections are expected to be 69% in the month of sale, 30% in the month following the sale, and 1% uncollectible. The cost of goods sold is 70% of sales. The company desires to have an ending merchandise inventory equal to 60% of the next month's cost of goods sold. Payment for merchandise is made in the month following the purchase. Other monthly expenses to be paid in cash are $26,100. Monthly depreciation is $18,500. Ignore taxes.

Statement of Financial Position October 31
Assets
Cash	$21,000
Accounts receivable (net of allowance for uncollectible accounts)	80,000
Inventory	184,800
Property, plant and equipment (net of $608,000 accumulated depreciation)	1,148,000
Total assets	$1,433,800

Liabilities and Stockholder' Equity
Accounts payable	$134,000
Common stock	610,000
Retained earnings	689,800
Total liabilities and stockholder' equity	$1,433,800

Accounts payable at the end of December would be:

$315,000

$140,000

$197,400

$323,400