The budgeted amount of raw materials to be purchased is determined by: A. adding the desired ending inventors of raw materials to the raw materials needed to meet the production schedule. B. subtracting the beginning inventory of raw materials from the raw materials needed to meet the production schedule. C. adding the desired ending inventory of raw materials to the raw materials needed to meet the production schedule and subtracting the beginning inventory of raw materials. D. adding the beginning inventory of raw materials to the raw materials needed to meet the production schedule and subtracting the desired ending inventory of raw materials. Walsh Company expects sales of Product W to be 60,000 units in April, 75,000 units in May and 70,000 units in June. The company desires that the inventory on hand at the end of each month be equal to 40% of the next month's expected unit sales. Due to excessive production during March, on March 31 there were 25,000 units of Product W in the ending inventory. Given this information, Walsh Company's production of Product W for the month of April should be: A. 60,000 units B. 65,000 units C. 75,000 units D. 66,000 units Hagos Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.84 direct labor-hours. The direct labor rate is exist9.40 pet direct labor-hour. The production budget calls for producing 2, 100 units in June and 1, 900 units in July. If the direct labor work force is fully adjusted to the total direct labor-hours needed each month, what would be the total combined direct labor cost for the two months? A. exist15, 792.00 B. exist15,002.40 C. exist16, 581.60 D. exist31, 584.00 When computing standard cost variances, the difference between actual and standard price multiplied by actual quantity yields a(n): A. combined price and quantity variance B. efficiency variance. C. price variance. D. quantity variance