Question Completion Status: d. increase and remain the same, respectively QUESTION 8 Mandy Corporation sells a single product. Budgeted sales for the year are anticipated to be 640,000 units, estimated beginning inventory is 98,000 units, and desired ending inventory is 80,000 units. The quantities of direct materials expected to be used for each unit of finished product are given below Material A: 0.5 lb. per unit @ $0.60 per pound Material B: 1.0 lb. per unit @ $1.70 per pound Material C: 1.2 lbs. per unit @ $1.00 per pound The dollar amount of Material B used in production during the year is a $1,026,800 b. $1,057,400 c. $1,193,400 d. $1,224,000 QUESTIONS Harding Company Accounts payable Accounts receivable Accrued liabilities Cash Intangible assets Inventory $ 40,000 65,000 7,000 30,000 40,000 72,000 Save Al Answer Close Click Save and Submit to save and submit. Click Save All Answers to save all answers. QUESTION 9 Harding Company Accounts payable Accounts receivable Accrued liabilities Cash Intangible assets Inventory Long-term investments Long-term liabilities Marketable securities Notes payable (short-term) Property, plant, and equipment Prepaid expenses $ 40,000 65,000 7,000 30,000 40,000 72,000 110,000 75,000 36,000 30,000 625,000 2,000 Based on the data for Harding Company, what is the amount of quick assets? a. $205,000 b. $131,000 c. $66,000 d. $203,000 QUESTION 10