Question 33)Dryden Manufacturing Company prepared a fixed budget of 40,000 direct labor hours, with estimated overhead costs of $200,000 for variable overhead and $60,000 for fixed overhead. Dryden then prepared a flexible budget at 38,000 labor hours. How much is total overhead costs at this level of activity

Question 35) On January 1, Matzke Company has a beginning cash balance of $84,000. During the year, the company expects cash disbursements of $680,000 and cash receipts of $580,000. If Matzke requires an ending cash balance of $80,000, Matzke Company must borrow

Answer $184,000. $80,000. $96,000. $64,000.

Question 36) Grey Company has 24,000 units in beginning finished goods. If sales are expected to be 120,000 units for the year and Grey desires ending finished goods of 30,000 units, how many units must the company produce?

Answer 150,000 114,000 120,000 126,000

Question 37) For better management acceptance, the flow of input data for budgeting should begin with the Answer lower levels of management. budget committee. accounting department. top management.