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Question 11 A company has budgeted direct materials purchases of $200000 in July and $380000 in August. Past experience indicates that the company pays for
Question 11 A company has budgeted direct materials purchases of $200000 in July and $380000 in August. Past experience indicates that the company pays for 70% of its purchases in the month of purchase and the remaining 30% in the next month. During August, the following items were budgeted: Wages Expense Purchase of office equipment Selling and Administrative Expenses Depreciation Expense $50000 62000 38000 26000 The budgeted cash disbursements for August are $476000 $326000 $502000 $438000 Sheridan Company produces flash drives for computers, which were $1000. How much is the contribution margin ratio? sells for $20 each, tachash drive costs $16 of variable costs to make. During April, 1000 drives were sold, Foxed costs for April 80% 20% 90% 10% Sunland Company is contemplating the replacement of an old machine with a new one. The following information has been gathered: Old Machine New Machine Price $410000 $820000 Accumulated Depreciation 123000 Remaining useful life 10 years Useful life 10 years Annual operating costs $328000 $246000 If the old machine is replaced, it can be sold for $32800. Which of the following amounts is a sunk cost? $287000 $246000 $328000 $820000 A company can sell all the units it can produce of the Product A or Product B but not both Product A has a unit contribution margin of $16 and takes two machine hours to make and Product has a unit contribution margin of $27.0 and takes three machine hours to make. If there are 5000 machine hours available to manufacture a product, income will be the same if either product is made $5000 less Product B is made. $5000 less if Product Ais made $5000 ore Product A is made It costs Vaughn Manufacturing $12 of variable and ss of fixed costs to produce one bathroom scale which normaly for $35. A foreign wholesaler offers to purchase 2500 scales at $15 cach. Garner would incur special shipping costs of $1 per scale the order were accepted. Vaughn has sufficient unused capacity to produce the 2600 scales. If the special order is accepted, what will be $7800 decrease $39000 increase $5200 increase $5200 decrease
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