question 27

Assume a company's budgeted unit sales and its required production in units for April are 80,000 units and 78,000 units, respectively. The direct labor- 1.25 hours. The company's total budgeted direct labor cost for April is $1,608,750. What is the budgeted direct labor wage rate per hour for April? $16.79 $16.50 O $16.00 $16.09 QUESTION 27 Assume a merchandising company provides the following information from its master budget for the month of May Cash balance, May 1 Cash collections from customers Cash disbursements for merchandise purchases Cash disbursements for selling and administrative expenses $ 20,000 $ 30,000 $ 35,000 5. 40.000 Based solely on the information provided what is the company's excess (deficiency) of cash available over disbursements at the end of May? $25,000 $5,000 O $20,000 O $15,000 QUESTION 28 Assume a company's sales budget for April and May is 33,000 units and 35,000 unit respectively. Its production budget for the same two months is 30,00 respectively. Each unit of finished goods required 4 pounds of raw materials. The company always maintains raw materials inventory equal to 25% of the production needs. Also assume the company pays $2.10 per pound of raw material. It always pays for 60% of its raw material purchases in the month of purchase and the rer month. The accounts payable balance on March 31st is $135.000. What would be the accounts payable balance at the end of Apriz $155.960 5157