Please see the attached documenmt for Managerial Accounting. I believe the topic for this is Master Budgeting coming from Chapter 8 of Garrison, Noreen and Brewer text

Zinger Corporation has budgeted sales over the next four months below: Twenty-five percent of the company's sales are for cash and 75% are on account. Collections for sales on account follow a stable pattern as follows: 50% of a month's credit sales are collected in the month of sale, 30% are collected in the month following sale, and 15% are collected in the second month following sale. The remainder are uncollectible. Given these data, cash collections for December should be: Select one: a. $103,875 b. $98,125 c. $136,375 d. $119,500 Question 13 1 Camden Manufacturing has budgeted sales in units for the next five months as follows: Past experience has shown that the ending inventory for each month must be equal to 10% of the next month's sales in units. The inventory on May 31 contained 400 units. The company needs to prepare a production budget for the second quarter of the year. The total number of units to be produced in July is: Select one: a. 5,580 units b. 5,400 units c. 6,120 units d. 5,220 units Question 14 1 Sasha Manufacturing is working on its direct labor budget for the next two months. Each unit of output requires 0.75 direct labor-hours. The direct labor rate is $8.10 per direct labor-hour. The production budget calls for producing 2,000 units in March and 2,300 units in April. The company guarantees its direct labor workers a 40-hour paid work week. With the number of workers currently employed, that means that the company is committed to paying its direct labor work force for at least 1,760 hours in total each month even if there is not enough work to keep them busy. What would be the total combined direct labor cost for the two months? Select one: a. $28,512.00 b. $26,406.00 c. $28,228.50 d. $26,122.50 Question 15 1 Gertrude Manufacturing makes and sells a single product, Product R. Three yards of Material K are needed to make one unit of Product R. Budgeted production of Product R for the next five months is as follows: The company wants to maintain monthly ending inventories of Material K equal to 30% of the following month's production needs. On July 31, this requirement was not met because only 3,500 yards of Material K were on hand. The cost of Material K is $0.80 per yard. The company wants to prepare a Direct Materials Purchase Budget for the rest of the year. The total needs (i.e., production requirements plus desired ending inventory) of Material K for November are: Select one: a. 40,800 yards b. 44,940 yards c. 37,380 yards d. 52,410 yards Question 16 1 Huron Manufacturing is preparing its cash budget for July. The budgeted beginning cash balance is $25,000. Budgeted cash receipts total $141,000 and budgeted cash disbursements total $139,000. The desired ending cash balance is $30,000. To attain its desired ending cash balance for July, the company should borrow: Select one: a. $30,000 b. $0 c. $3,000 d. $57,000 Question 17 1 Mustard Manufacturing, a merchandising firm, has budgeted its activity for November according to the following information: Sales at $450,000, all for cash. Merchandise inventory on October 31 was $200,000. The cash balance November 1 was $18,000. Selling and administrative expenses are budgeted at $60,000 for November and are paid for in cash. Budgeted depreciation for November is $25,000. The planned merchandise inventory on November 30 is $230,000. The cost of goods sold is 70% of the selling price. All purchases are paid for in cash. There is no interest expense or income tax expense. The budgeted cash disbursements for November are: Select one: a. $345,000 b. $375,000 c. $530,000 d. $405,000 Question 18 1 Resonance Manufacturing is estimating the following sales for the first four months of next year: Sales are normally collected 60% in the month of sale, 35% in the month following the sale, and the remaining 5% being uncollectible. Based on this information, how much cash should Sioux expect to collect during the month of April? Select one: a. $286,500 b. $320,000 c. $192,000 d. $94,500 Question 19 1 Dennis Manufacturing makes and sells a product called Product WZ. Each unit of Product WZ requires 3.5 hours of direct labor at the rate of $16.00 per direct labor-hour. Management would like you to prepare a Direct Labor Budget for June. The budgeted direct labor cost per unit of Product WZ would be: Select one: a. $4.57 b. $19.50 c. $16.00 d. $56.00 Question 20 1 Sloppy Corporation makes and sells a single product called a Slop. Each Slop requires 1.1 direct laborhours at $8.20 per direct labor-hour. The direct labor workforce is fully adjusted each month to the required workload. The company is preparing a Direct Labor Budget for the first quarter of the year. If the budgeted direct labor cost for February is $162,360, then the budgeted production of Slops for February is: Select one: a. 23,200 units b. 21,000 units c. 19,800 units d. 18,000 units