Speedy Runner makes running shoes and they are anticipating the incurrence of the following manufacturing overhead costs during the upcoming year: Cost Indirect materials $10,000 Indirect Labor $73,000 Utilities $51,000 Insurance $11,500 Taxes $11,400 Depreciation on equipment $21,000 What will Speedy Runner budget for cash disbursements related to manufacturing overhead? O A. $156,900 OB. $83,000 O C. $124,100 OD. $177,900 Click to select your answer. - Izzy Division of Marine Boats Corporation had the following results last year (in thousands). Sales Operating income Total assets Current liabilities $4,100,000 $700,000 $4,700,000 $200,000 Management's target rate of return is 13% and the weighted average cost of capital is 10%. What is the Izzy Division's Residual Income (RI)? O A. $700,000 O B. $611,000 O C. $91,000 O D. $89.000 Click to select your answer. Jolly Company produces hula hoops. Jolly Company has the following sales projections for the upcoming year. First quarter budgeted hula hoop sales in units Second quarter budgeted hula hoop sales in units Third quarter budgeted hula hoop sales in units Fourth quarter budgeted hula hoop sales in units 23,200 50,000 20,000 31,000 Jolly Company wants to have 10% of the next quarter's sales in units on hand at the end of each quarter Inventory at the beginning of the year was 3,900 hula hoops. How many hula hoops should Jolly Company produce during the first quarter? O A. 32,100 O B. 24,300 OC. 23,200 O D. 19,300 Click to select your answer. 18452 2-T e M