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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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