The LaPann Corporation has obtained the following sales forecast data: July $ 80,000 $ 240,000 August $ 70,000 $ 220,000 September $ 50,000 $ 180,000 Cash sales Credit sales October $ 60,000 $ 200,000 The regular pattern of collection of credit sales is 20% in the month of sale, 70% in the month following the month of sale, and the remainder in the second month following the month of sale. There are no bad debts. The budgeted cash receipts for October would be: Multiple Choice S189.000 5248.000 5226.000 $279.000 Pooler Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.15 direct labor-hours. The direct labor rate is $7.00 per direct labor-hour. The production budget calls for produding 6,500 units in April and 6,200 units in May. 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 Multiple Choice S14,000.00 $13.335.00 $15.B25.00 $13.510.00 Sevenbergen Corporation makes one product and has provided the following information to help prepare the master budget for the next four months of operations: $ 92 Budgeted selling price per unit Budgeted unit sales (all on credit): July August September October 9,000 11,300 10,400 10, 800 Raw materials requirement per unit of output Raw materials cost Direct labor requirement per unit of output Direct labor wage rate Variable selling and administrative expense Fixed selling and administrative expense 4 pounds $ 1.00 per pound 2.8 direct labor-hours $ 22.00 per direct labor-hour $ 1.50 per unit sold $ 70,000 per month Credit sales are collected: 40% in the month of the sale 60% In the following month Raw materials purchases are paid: 30% in the month of purchase 70%. In the following month The ending finished goods Inventory should equal 20% of the following month's sales. The ending raw materials inventory should equal 30% of the following month's raw materials production needs. The estimated selling and administrative expense for August is closest to