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Walnut has forecast sales for the next three months as follows July 4 000 u August 6.000 units September 7500 units Walnur's policy is to have an ending inventory of 40% of the nest month's sales needs on hand July 1 imventory is projected to be 1500 units Selling and adinistative costs are budgeted to be $15000 per month plus $5 per unt sold What are budgeted selling and adminstative expenses for July O $30.500 O $39.500 O $24500 O $35.000 Jlian Inc produces leather handbags. The production budget for the next four months is July 5,200 units, August 7100 September 7700, October 8700 Each handbag requires 14 hours of unsklled labor (paid $18 per hour) and 2.9 hours of skilled labor (paid $24 per hour) How much will be paid to skilled labor during the three months July through September? O $11.520.000 O $480,000 O $1635.600 O S1392 000 Marlow Company produces hand tools Aproduction budget for the next four months is as follows March 10400 unts April 13620, May 16.600 and June 21700 Marow Company's ending finished goods inventory policy is 10% of the following month's sales Marlow plans to sell 16 00 unts in May What is budgeted ending inventory for March O 1040 O 1660 O 1367 1340 Jaybird Inc. produces leather handbags. The sales budget for the next four months is July 5,500 units, August 7400, September 8.200, October 8.200 Jaybird Inc 's ending finished goods inventory policy is 10% of the following month's sales Each handbag requires 19 hours of unskilled labor (paid $10 per hour) and 22 hours of sklled labor (paid $20 per hour) What will be the total Inbor cost for the month of August? O $469,070 O $390.950 O $30.668 O $471 240 Parker Corp, which operates on a calendar year, expects to sell 3,500 units in October, and expects sales to increase 10 % each What are budgeted revenues for the fourth quarter? month thereafter Sales price is expected to stay constant at $17 per unit O $196.94500 O $178,500.00 O $196.35000 O $59.50000