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Would appreciate any help on these questions. Thank you so much!!!! 5.) Alexis Co. reported the following information for May: Part Units sold Selling price

Would appreciate any help on these questions. Thank you so much!!!!image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

5.) Alexis Co. reported the following information for May: Part Units sold Selling price per unit Variable manufacturing cost per 4,100 units $700 480 unit Sales commission per unit - Part 70 What is the contribution margin for Part A? A. $615,000 B. $902,000 C. $2,583,000 D. $1,968,000 6.) Trago Company manufactures a single product and has a JIT policy that ending inventory must equal 10% of the next month's sales. It estimates that May's ending inventory will consist of 29,000 units. June and July sales are estimated to be 290,000 and 300,000 units, respectively Trago assigns variable overhead at a rate of $2.80 per unit of production. Fixed overhead equals $410,000 per month. Compute the number of units to be produced and use this amount to compute the total budgeted overhead that would appear on the factory overhead budget for month of June. A. $1,222,000. B. $1,224,800. C. $1,250,000. D. $814,800. 10.) Use the following information to determine the ending cash balance to be re month ended June 30 cash budget. a. Beginning cash balance on June 1, $94,300. b. Cash receipts from sales, $414,500. c. Budgeted cash disbursements for purchases, $269,500. d. Budgeted cash disbursements for salaries, $95,300. e. Other budgeted cash expenses, $57,300 f. Cash repayment of bank loan, $32,300. g. Budgeted depreciation expense, $34,300. ported on the A. $111,700. B. $54,400. C. $86,700. D. $77,400. 11.) Glaston Company manufactures a single product using a JIT inventory system. The production budget indicates that the number of units expected to be produced are 183,000 in October, 191,500 in November, and 188,000 in December. Glaston assigns variable overhead at a rate of S0.70 per unit of production. Fixed overhead equals S140,000 per month. Compute the total budgeted overhead that would appear on the factory overhead budget for month of October. A. $323,000 B. $268,100. C. $274,050. D. $128,100. 12.) A July sales forecast projects that 7,900 units are going to be sold at a price of $12.40 per unit. The management forecasts l 5% growth in sales each month. Total July sales are anticipated to be: A. $97,960. B. $103,354. C. $62,000. D. $92,566 13.) Memphis Company's May sales budget calls for sales of $990,000. The store expects to begin May with $59,000 of inventory and to end the month with $64,000 of inventory. Gross margin is typically 45% of sales. Compute the budgeted cost of merchandise purchases for May. A. $539,500. B. $549,500. C. $544,500. D. $445,500. 18.) Use the following data to find the direct labor efficiency variance 3,500 units during the period. if the company produced Direct labor standard (4 hrs. @ $7.00/hr.)$28.00 per unit Actual hours worked Actual rate per hour 11,850 $7.50 A. $5,925 unfavorable B. $7,000 unfavorable. C. $7,000 favorable. D. $15,050 favorable. 19) Georgia, Inc. has collected the following data on one of its products. The actual cost of the direct materials used is: Direct materials standard (6 lbs @ $1/lb) $ 6 per finished unit Total direct materials cost variance-unfavorable 18,750 Actual direct materials used 210,000 lbs Actual finished units produced 30,000 units A. $281,250. B. $180,000. C. $210,000. D. $198,750 20.) A company's flexible budget for 47,000 units of production showed variable overhead costs of $68,150 and fixed overhead costs of $63,000. The company incurred overhead costs of $118,360 while operating at a volume of 39,000 units. The total controllable cost variance is: A. $1,190 favorable. B. $1,190 unfavorable. C. $12,790 favorable. D. $12,790 unfavorable

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