Question
The direct materials budget shows: Units to be produced; 3,000 units Total pounds needed for production; 6,000 pounds Total materials required; 6,600 What are the
The direct materials budget shows: Units to be produced; 3,000 units Total pounds needed for production; 6,000 pounds Total materials required; 6,600 What are the direct materials per unit? (Hint: Don't make this hard!) |
1.08 pounds. 2.0 pounds. 2.2 pounds Cannot be determined from the data given.
The following information was taken from Sloan Company's cash budget for the month of July: Beginning Cash Balance; $90,000 Cash Receipts; $57,000 Cash Disbursements; $102,000 If the company has a policy of maintaining a minimum end of the month cash balance of $75,000, the amount the company would have to borrow is
$30,000. $15,000. $45,000. $18,000
The following credit sales are budgeted by Roswell Company: January; $34,000 February; $50,000 March; $70,000 April; $60,000 The company's past experience indicates that 70% of the accounts receivable are collected in the month of sale, 20% in the month following the sale; and 8% in the second month following the sale. The anticipated cash inflow for the month of April is
$61,720. $56,000. $60,000. $58,800.
The direct materials budget shows: Desired ending direct materials; 12,000 pounds Total materials required; 18,000 pounds Direct materials purchases; 15,800 pounds The total direct materials needed for production is |
6,000 pounds. 2,200 pounds. 3,800 pounds. 33,800 pounds.
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