SECTION 2 - QUANTITATIVE MCQS - Five (5) questions each worth 2 marks. - Total 10 marks 2. Select correct answer (A,B,C,D) from the green dropdown. You must show all necessary workings to gain full marks 5 1. Harrod's Company's sales are 30% in cash and 70% Credit Sucty percent of the credit sales we collected in the mouth of sale 25% in the month following sale, and 12% in the second month following sale. The remainder is collectible The following are budgeted sales data 7 8 9 10 11 Total Sales January $60.000 February $70 000 March $50,000 April $30,000 12 What would be the budgeted total cash receipts in April? (2 marks) Show your Workings 14 15 16 17 18 19 20 21 Select your answer from here min hund CLICK HERE TO SAVE YOUR WORK 21 Select your answer from here 2 32. Shuwei's Manufacturers Inc plans to sell 12.000 units during the month of Apost. If the company has 2.500 w land 24 the start of the month, and plans to have 2.000 its on hund at the end of the meth bow many units we produced during the models) 20 Show your Workings 22 28 29 30 31 32 33 Select your answer from here 34 CICK HERE TO SAVE YOUR WORK 3. Ace Ltd makes and sells a single product. The company employs a bele bowystem that considerom 20 000 to 25,000 units and a just in time inventory system. But for Apel, based on 22.000, we follows HP costs $10 per 39 Manufacturing overhead $132.000 plus 33 per unit Selling, and administrative 40 530,000 plus $2 per una exces 41 Selling price $60 per un 42 43 What is the company's master budget operating income (loss) for April? (marks) Show your Workings 46 47 48 49 50 51 52 Select your answer from here 53 estions and 5 Use the following data to answer questions 4 and 5 The Huron Company produces three products with the following costs and well prices * Selling Price per Unit Variable Cort pe Unit Contribution Margin pes Unit Dured Labour Hoxus per Unit Machine Hours per Unit $16 Y Z $21 7 $21 $ 61 $9 303 $10 12 1 S8 15 6 45 2 2 25 4. If the number of direct labou bours is the production constant, in which order should the compresorteerd 65 66 Show your Workings 67 08 09 70 71 72 73 Select your answer from here 74 75 S If the number of machine hou CLICK HERE TO SAVE YOUR WORX Select your answer from here TA 5. If the number of machine bours is the production costi, in which order should be produce the these produse) Show your Workings 26 19 R1 22 83 84 Select your answer from here