TB MC Qu. 8-187 The Charade Corporation is preparing its Manufacturing ... The Charade Corporation is preparing its Manufacturing Overhead budget for the fourth quarter of the year. The budgeted variable manufacturing overhead is $5.00 per direct labor-hour, the budgeted fixed manufacturing overhead is $75,000 per month, of which $15,000 is factory depreciation If the budgeted direct labor time for November is 7,000 hours, then the total budgeted manufacturing overhead for November is: TB MC Qu. 8-167 Marty's Merchandise has budgeted sales... Marty's Merchandise has budgeted sales as follows for the second quarter of the year. April $30,000 May $60,000 June $50,000 Cost of goods sold is equal to 70% of sales. The company wants to maintain a monthly ending inventory equal to 120% of the cost of goods sold for the following month. The inventory on March 31 was below this target and was only $22,000. The company is now preparing a Merchandise Purchases Budget for April, May, and June The desired beginning inventory for June is TB MC Qu. 8-44 Fiwrt Corporation manufactures and sells stainless steel coffee ... Fiwrt Corporation manufactures and sells stainless steel coffee mugs. Expected mug sales Fiwit (in units) for the next three months are as follows: October November December Budgeted unit sales 30,000 36,000 34,000 Fiwit likes to maintain a finished goods inventory equal to 30% of the next month's estimated sales. How many mugs should Fiwit plan on producing during the month of November? TB MC Qu. 8-57 Sill Corporation makes one product. Budgeted unit sales for ... Sill Corporation makes one product Budgeted unit sales for January February March, and April ore 9.900, 11,400, 11,900, and 13,400 units, respectively The ending finished goods inventory equals 20% of the following month's sales. The onding raw materials inventory equals 40% of the following month's raw materials production needs. Each unit of finished goods requires 5 pounds of raw materials. 61,000 pounds of raw materials are required for production in March, then the budgeted raw material purchases for February is closest to