The manufacturing overhead budget at Franklyn Corporation is based on budgeted direct labor-hours. The direct labor budget indicates that 8,800 direct labor-hours will be required in January. The variable overhead rate is $1.30 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $120,560 per month, which includes depreciation of $34,320. All other fixed manufacturing overhead costs represent current cash flows. The January cash disbursements for manufacturing overhead on the manufacturing overhead budget should be: A $11,440 B $86,240 C $97,680 D $132,000 er 7 Gypsy Corporation, a retailer, plans to sell 56,000 units of Product X during the month of August. If the company has 12,000 units on hand at the start of the month, and plans to have 18,000 units on hand at the end of the month, how many units of Product X must be purchased from the supplier during the month? A 74,000 B 62,000 C 56,000 D 50,000 er 8 Clementine Corporation makes one product. Budgeted unit sales for August and September are 11,100 and 12,600 units, respectively. The ending finished goods inventory equals 40% of the following month's sales. The direct labor wage rate is $19.00 per hour. Each unit of finished goods ' guires 2.5 direct labor-hours. The estimated direct labor cost for August is: Louie Corporation pays for 40% of its raw materials purchases in the month of purchase and 60% in the following month. If the budgeted cost of raw materials purchases in July is $256,550 and in August is $278,050, then in August the total budgeted cash disbursements for raw materials purchases is: $265,150$269,450$213,840$320,760 Crumpet Incorporated is working on its cash budget for July. The budgeted beginning cash balance is $92,000. Budgeted cash receipts total $350,000 and budgeted cash disbursements total $348,000. The desired ending cash balance is $70,000. The excess (deficiency) of cash for July will be: $2,000$90,000$94,000$442,000 Which of the following is NOT driven by the Production budget