Question 67

Bramble, Inc. makes and sells a single product, buckets. It takes 20 ounces of plastic to make one bucket. Budgeted production of buckets for the next three months is as follows: August 95000 units, September 80000 units, October 64000 units. The company wants to maintain monthly ending inventories of plastic equal to 10% of the following month's production needs. On August 31, 199000 ounces of plastic were on hand. The cost of plastic is $0.03 per ounce. How much is the ending inventory of plastic to be reported on the companys balance sheet at September 30?

$128000

$3840

$4800

$8000

Question 68

At January 1, 2020, Crane, Inc. has beginning inventory of 3500 surfboards. Jake estimates it will sell 12000 units during the first quarter of 2020 with a 10% increase in sales each quarter. Cranes policy is to maintain an ending inventory equal to 25% of the next quarters sales. Each surfboard costs $150 and is sold for $200. How many units should Crane produce during the first quarter of 2020?

11800

12000

9700

8500

PLEASE HELP, I'LL MAKE SURE TO RATE!!!

Question 66 Swifty Corporation's manufacturing costs for August when production was 700 units appears below: Direct material $8 per unit Direct labour $5900 Variable overhead 3200 Factory Depreciation 1600 Factory supervisory salaries 7300 Other fixed factory costs 1400 How much is the budgeted manufacturing cost for a month when 500 units are produced? $13200 $16200 $20800 O $9100 Question 69 Items from Pharoah Company's budget for March in which 1700 units were produced and sold appear below: Direct materials $13000 Indirect materials-variable 2500 Supervisor salaries 10300 Depreciation on factory equipment 7600 Direct labour 6600 Property taxes on factory 2500 Total $42500 At 1800 units, how much are budgeted variable manufacturing costs? $23400 $45000 O $20872 $20872 Question 80 Marigold Company recorded the following operating data: Sales $1250800 Contribution margin 485500 Total direct fixed costs 400800 Total operating assets Jan. 1, 2020 749500 Total operating assets Dec. 31, 2020 789800 Marigold Company's desired return 14% What is Marigold Company's controllable margin? O $850000 $461000 O $765300 O $84700 Question 81 The area manager of the Marigold Restaurants considering two possible expansion alternatives. The required investments, expected controllable margins, and the ROIs of each are as follows: Project Winnipeg Regina Investment $296000 $703000 Controllable Margin $94000 $192000 ROI 31.76% 27.31% The Marigold segment has currently $5000000 in invested capital and a controllable margin of $1450000. Which one of following projects will increase the Marigold division's ROI? O both the Winnipeg and Regina options O only the Winnipeg option O only the Regina option O neither the Winnipeg nor the Regina options