o. Bear, Inc. estimates its sales at 200,000 units in the first quarter and that sales will increase by 20,000 units each quarter over the year. They have, and desire, a 25% ending inventory of finished goods. Each unit sells for $35.40% of the sales are for cash, 70% of the credit customers pay within the quarter. The remainder is received in the quarter following sale. Production in units for the third quarter should be budgeted at A) 230,000. B) 305,000. C) 245,000. D) 240,000. 11. Dart, Inc. makes and sells umbrellas. The company is in the process of preparing its Selling and Administrative Expense Budget for the last half of the year. The following budget data are available: Sales commissions S0.60 1.20 0.30 S 6,000 Shipping Advertising Executive salaries Depreciation on office equipment Other 40,000 8,000 28,000 0.35 Expenses are paid in the month incurred. If the company has budgeted to sell 8,000 umbrellas in October, how much is the total budgeted variable selling and administrative expenses for October? A) $16,800 B) $18,400 C) $101,600 D) $19,600 12. The following information is taken from the production budget for the first quarter: Beginning inventory in units Sales budgeted for the quarter Capacity in units of production facility 472,000 How many finished goods units should be produced during the quarter if the company desires 3,200 units available to start the next quarter? A) 428,000 B) 424,000 C) 474,000 D) 429,200 1,200 426,000