Sedita Inc. is working on its cash budget for July. The budgeted beginning cash balance is $18,000. Budgeted cash receipts total $175,000 and budgeted cash disbursements total $174,000. The desired ending cash balance is $49,000. The excess (deficiency) of cash available over disbursements for July will be:

Multiple Choice

• $17,000

• $1,000

• $193,000

• $19,000

Pooler Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.75 direct labor-hours. The direct labor rate is $10.00 per direct labor-hour. The production budget calls for producing 7,100 units in April and 6,900 units in May. The company guarantees its direct labor workers a 40-hour paid work week. With the number of workers currently employed, that means that the company is committed to paying its direct labor work force for at least 5,480 hours in total each month even if there is not enough work to keep them busy. What would be the total combined direct labor cost for the two months?

Multiple Choice

• $105,000.00

• $120,750.00

• $106,550.00

• $109,600.00