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please answer all 4 multiple choice questions QUESTION 1 A company requires 220 pounds of plastic to meet the production needs of a product. It
please answer all 4 multiple choice questions QUESTION 1 A company requires 220 pounds of plastic to meet the production needs of a product. It currently has 25 pounds of plastic inventory. The desired ending inventory of plastic is 70 pounds. How many pounds of plastic should be budgeted for purchasing during the coming period? a. 195 pounds b. 265 pounds c. 245 pounds d. 290 pounds e. 175 pounds QUESTION 2 Unique Company provided the following budgeted data for July: $60,000 Direct materials Direct labor Overhead $35,000 $100,000 Beginning finished goods $20,000 Ending finished goods $36,000 Production in units 15.000 What is the budgeted cost of goods sold? a. $165,000 b. $179,000 c. $214,000 d. $184,000 e. $75,000 QUESTION 3 Hyacinth Company is designing an all-in-one grill and cooler aimed at sports fans. The company believes that the product can be sold for $250. Hyacinth requires a 20% profit on new products. What is the target cost of the all-in-one grill and cooler? a. $122 b. $251 c. $145 d. $200 e. $180 QUESTION 4 Stars Manufacturing Company produces Products A1, B2, C3, and D4 through a joint process. The joint costs amount to $200,000. Processed Further Units Sales Value Additional Sales Product Produced at Split-Off Costs Value Al 3,000 $10,000 $2,500 $15,000 B25,000 30,000 3,000 35,000 c34,000 20,000 4,000 25,000 D4 6,000 40,000 6,000 45,000 If Product B2 is processed further, profits will a. increase by $30,000. b. decrease by $3,000. c. increase by $32,000. d. increase by $2,000
please answer all 4 multiple choice questions
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