WalshCompanyexpects sales ofProductW to be 58,000 units in April, 73,000 units in May, and 68,000 units in June. The companydesiresthat 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 24,200 units of Product W in the ending inventory. Given thisinformation, Walsh Company's production of Product W for the month of April should be:

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The Willsey Merchandise Company has budgeted $50,000 insalesfor the month of December. The company'scost of goods soldis 30% of sales. If the company has budgeted topurchase$23,000 in merchandise during December, then the budgeted change ininventory levelsover the month of December is:

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A company is preparing itscashbudgetfor the coming month. All sales are on account. Given the following:

	Beginning	Budgeted
	Balances	Amounts
Cash	$ 70,000
Accounts Receivable	190,000
Sales		$810,000
Cash disbursements		790,000
Depreciation		35,000
Ending accounts receivablebalance		220,000

What is the expected cash balance of the company at the end of the coming month?

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Mosbey Inc. is working on itscashbudgetfor June. The budgeted beginning cash balance is $20,000. Budgetedcash receiptstotal $190,000 and budgeted cash disbursements total $189,000. The desired ending cash balance is $42,000. The excess (deficiency) of cash available over disbursements for June will be:

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Lynndorf Corporation is a manufacturer of tables sold to schools, restaurants,hotels, and otherinstitutions. Thetable topsare manufactured by Lynndorf, but the table legs are purchased from an outside supplier. The Assembly Department takes a manufacturedtable topand attaches the four purchased table legs. It takes 10 minutes of labor to assemble a table. The company follows a policy of producing enough tables to insure that 40% of next month's sales are in the finished goods inventory. Lynndorf also purchases sufficient raw materials (legs) to insure that raw materials (legs) inventory is 60% of the following month's scheduled production needs. Lynndorf's sales budget in units for the next quarter is as follows:

July	1,800
August	2,000
September	1,600

Lynndorf's ending inventories in units for June 30 are:

Finished goods	1,400
Raw materials(legs)	3,500

Assume that Lynndorf Corporation will produce 2,700 units in the month of September. How manyemployeeswill be required for the Assembly Department? (Fractional employees are acceptable since employees can be hired on a part-time basis. Assume a 40-hour week and a 4-week month. Round your answer to 2 decimal places.)

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Veltri Corporation is working on its directlaborbudget for the next two months. Each unit of output requires 0.70 direct labor-hours. The directlabor rateis $11.90 per direct labor-hour. The production budget calls for producing 7,170 units in October and 6,970 units in November. The company guarantees its direct laborworkersa 40-hour paidwork week. With the number of workers currently employed, that means that the company is committed to paying its direct laborwork forcefor at least 5,480 hours in total each month even if there is not enough work to keep them busy. What would be the total combined directlabor costfor the two months?

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TheSmartCompany is preparing its cash budget for the month of June. The following information is available concerning itsaccounts receivable:

Estimated credit sales for June	301,000
Actual creditsales for May	226,000
Est.collections in June for credit sales in June	25%
Est.collections in June for credit sales in May	65%
Est.collections in June for credit sales prior to May	$ 19,000
Est. write-offs in June for uncollectible credit sales	13,000
Est.provision forbad debtsinJune forcreditsales in June	11,000

What are the estimatedcash receiptsfrom accounts receivable collections in June?

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Deschambault Inc. is working on its cash budget for December. The budgeted beginning cash balance is $22,000. Budgeted cash receipts total $130,000 and budgeted cash disbursements total $129,000. The desired ending cash balance is $44,000. To attain its desired ending cash balance for December, the company needs to borrow:

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The Sledge Hammer Company manufactures a line of high quality tools. The company sold 1,400,000 hammers at a price of $4 per unit last year. The company estimates that this volume represents a 20% share of the current hammers market. The market is expected to increase by 9%. Marketing specialists have determined that, as a result of a new advertising campaign and packaging, the company will increase its share of this larger market to 24%. Due to changes in prices, the new price for the hammer will be $4.60 per unit. This new price is expected to be in line with the competition and have no effect on the volume estimates. What are the estimated sales revenues in the coming year?

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HawleManufacturingCompany is in the process of preparing its 2012 budget and is anticipating the following changes:

30% increase in the number ofunits sold. 40% increase in the direct materialunit cost. 35% increase in the directlabor costper unit. 30% increase in the manufacturing overhead cost per unit. 35% increase in the marketing price. 10% increase in theadministrative expenses. Hawle does not keep any units in inventory.

The composition of the cost offinished productsduring 2012 for materials, direct labor, and factory overhead, respectively, was in the ratio of 3 to 2 to 1. The condensed income statement for 2012 is as follows:

Sales (28,000 units)	$450,000
Less sales returns	11,700
Net sales	438,300
Cost of Goods Sold	306,000
Gross Profit			$132,300
Selling Expenses	$58,000
Admin.Expenses	30,000		88,000
Net Income			$44,300

What is the estimated cost of goods sold for 2012 assuming the number of units sold does not change?