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Perry Company has provided the following information: Month Budgeted Sales March $200,000 April 212,000 May 204,000 June 218,000 July 210,000 In addition, the gross profit

Perry Company has provided the following information:

Month Budgeted Sales

March $200,000

April 212,000

May 204,000

June 218,000

July 210,000

In addition, the gross profit rate is 40% and the desired inventory level is 30% of next month's cost of sales.

The purchase budget for june is :

Select one:
a. $129,360
b. $380,040
c. $125,760
d. $129,360
e. $494,160
f. $124,920
g. $163,920

The standard number of hours that should have been worked for the output attained is 6,000 direct labor hours and the actual number of direct labor hours worked was 6,300. If the direct labor price variance was $3,150 favorable, and the standard rate of pay was $9 per direct labor hour, what was the actual rate of pay for direct labor?

Select one:
a. $8.50 per direct labor hour
b. $7.50 per direct labor hour
c. $9.80 per direct labor hour
d. $9.50 per direct labor hour
e. $9.00 per direct labor hour

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