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Milano Corporation is working on its direct labor budget for the next two months. End output requires 0.50 direct labor-hours. The directorate is 19.80 per

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Milano Corporation is working on its direct labor budget for the next two months. End output requires 0.50 direct labor-hours. The directorate is 19.80 per direct labor production budget calls for producing 400 in brand 6.300 units in Novem direct labor work force is fully adjusted to the decor hours needed each mone would be the total combined direct labor cost for the two month? The e A B C D $30,870 $31,360 $62 230 $31,115 B. Potter Corporation is working on its direct labor budget for the next two output requires 0.75 direct labor-hours. The direct labor rate is $8.10 per labor hour. The Quaranta g et calls for producing 2.000 units in March and 2.300 units in April. The company Os its direct labor workers a 40-hour paid work week with the number of workers currently employed, that means that the company is committed to paying its to paying its direct labor work force for at least 1,780 hours in total each month even if there is not enough work to keep them busy. What would be the total combined direct labor cost for the two months A $28,512.00 B. $26,406.00 C. $28,228.50 D. $26,122.50 6. Gibbs Inc. is working on its cash budget for lanuary. The budgeted beginning cash balance is $41,000. Budgeted cash receipts total $114.000 and budgeted cash disbursements total $113,000. The desired ending cash balance is $60,000. The excess (deficiency) of cash available over disbursements for January will be A $42,000 B. $155,000 C. $40,000 D. $1,000 7. Penguin Framina's cost formula for its supplies cost is $1,620 per month plus $13 per frame. For the month of April, the company planned activity of 882 frames, but the level of activity was 878 frames. The total cost for the month was $13,500. The supplies cost flexible budget for April would be closest to: A $13,086 B. $13,500 C. $13,034 D. $13,027 Cartas dugned for the following sales: S000 $10.000 S805 000 SRO,000 Sember October November December $715.000 $800,000 Saws are collected as follows 10% in the month of sale, 60% in the monin following the sale. and the remaining 30% in the second month following the sale in Bull's budgeted balance sheet December 31, at what amount will accounts receivable be shown? A $680,000 B $812000 C $25,500 05214.500 2 Delicious Catering uses two measures of activity, jobs and meals, in the cost formulas in its budgets and performance reports. The cost formula for catering supplies is $550 per month plus $95 per job plus $21 per meal. A typical job involves serving a number of meals to guests at a corporate function or at a host's home. The company expected its activity in July to be 12 jobs and 138 meals, but actual activity was 13 jobs and 137 meals. The actual cost for catering supplies in July was $4.770. The catering supplies in the planning budget for July would be closest to hos home. The company meals. The actual cost for cameld be A $4403 B $4.770 C $4,662 D. $4,546 10. The variance that is usually most useful in assessing the performance of the purchasing department manager is: A The materials quantity variance. B. The materials price variance. C. The labor rate variance D. The labor efficiency variance

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