Month Sales January 5,000 February 7,000 March 6,500 April 8,000 Finished goods inventory at the end of December 2015 is 1,500 units. Target ending finished goods inventory is 30% of the next month's sales. How many mattresses need to be produced in January 2016? O A. 7,100 mattresses B. 4,400 mattresses C. 5,600 mattresses OD. 6,500 mattresses A.C. Catering reported actual operating income for the current year of $40,000. The flexible budget's operating income for actual volume achieved is $38,000, while the static budget's operating income is $35,000. What is the flexible budget variance for operating income? A. $2,000 favourable OB. $2,000 unfavourable O C. $5,000 unfavourable D. $5,000 favourable A packaging company produces cardboard boxes in an automated process. The required direct materials costs $0.30 per unit. Fixed manufacturing overhead costs are budgeted at $24,000 per month and are allocated based on units of production. The budgeted contribution margin per unit is $0.85, and administration fixed costs are budgeted at $7,500 per month.What is the flexible - budget amount for operating income for 40,000 and 20,000 units, respectively? O A. $44,000; $38,000 OB. $26,000; $20,000 OC. $36,000; $30,000 D. $2,500; Month Sales Purchases January $60,000 $32,000 February $80,000 $40,000 March $100,000 $56,000 Cash is collected from customers in the following manner: Month of sale 30% Month following the sale 70% 40% of purchases are paid for in cash in the month of purchase, and the balance is paid the following month. Cash is collected from customers in the following manner: Month of sale 30% - Month following the sale 70% 40% of purchases are paid for in cash in the month of purchase, and the balance is paid the following month. Labour costs are 20% of sales. Other operating costs are $30,000 per month (including $8,000 of depreciation). Both of these are paid in the month incurred. The cash balance on March 1 is $8,000. A minimum cash balance of $6,000 is required at the end of the month. Money can be borrowed in multiples of $1,000 How much cash will be paid to suppliers in March? O A. $49,600 B. $35,200 O c. $46,400 D. $56,000