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Managerial 2) The following are budgeted data for Grape Corporation: Sales in units Production in units January 15,000 18,000 February 20,000 16,000 March 18,000] 19,000
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2)
The following are budgeted data for Grape Corporation: Sales in units Production in units January 15,000 18,000 February 20,000 16,000 March 18,000] 19,000 Each unit requires 1.2 direct labor hours are required for each finished unit and the company pays its workers $15 per hours. Direct labor costs for February would be budgeted to be: Multiple Choice 0 O $288,000 $288.000 0 $240,000 0 $330,000 0 $396,000 All of Dell Corporation's purchases of raw materials are on account. 80% are paid in the month of purchase and 20% in the following month. Below are budgeted purchases of raw materials for the first four months of Dell's fiscal year. January $250,000 February $200,000 March $150,000 April $180,000 Total sales The expected cash payments for raw materials in March are: Multiple Choice O $160,000 O $250,000 O O $120,000 $120,000 O $150,000
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