Parwin Corporation plans to sell 36,000 units during August. If the company has 14,500 units on hand at the start of the month, and plans to have 15,500 units on hand at the end of the month, how many units must be produced during the month?

Multiple Choice

• 37,000
• 35,000
• 51,500
• 50,500

The manufacturing overhead budget at Franklyn Corporation is based on budgeted direct labor-hours. The direct labor budget indicates that 3,000 direct labor-hours will be required in January. The variable overhead rate is $5 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $43,140 per month, which includes depreciation of $3,620. All other fixed manufacturing overhead costs represent current cash flows. The January cash disbursements for manufacturing overhead on the manufacturing overhead budget should be:

Multiple Choice

• $39,520
• $15,000
• $54,520
• $58,140

Schuepfer Inc. bases its selling and administrative expense budget on budgeted unit sales. The sales budget shows 3,100 units are planned to be sold in March. The variable selling and administrative expense is $3.60 per unit. The budgeted fixed selling and administrative expense is $35,810 per month, which includes depreciation of $4,600 per month. The remainder of the fixed selling and administrative expense represents current cash flows. The cash disbursements for selling and administrative expenses on the March selling and administrative expense budget should be:

Multiple Choice

• $11,160
• $46,970
• $31,210
• $42,370

Sparks Corporation has a cash balance of $17,100 on April 1. The company must maintain a minimum cash balance of $14,000. During April, expected cash receipts are $64,000. Cash disbursements during the month are expected to total $76,000. Ignoring interest payments, during April the company will need to borrow:

Multiple Choice

• $14,000
• $5,100
• $12,000
• $8,900

LBC Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 4.2 hours of direct labor at the rate of $21.00 per direct labor-hour. Management would like you to make a Direct Labor Budget for June.

The budgeted direct labor cost per unit of Product WZ would be:

Multiple Choice

• $88.20
• $9.40
• $21.00
• $58.80