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Zhang Industries budgets production of 370 units in June and 380 units in July. Each unit requires 1.5 hours of direct labor. The direct labor
Zhang Industries budgets production of 370 units in June and 380 units in July. Each unit requires 1.5 hours of direct labor. The direct labor rate is $15.40 per hour. The indirect labor rate is $22.40 per hour. Compute the budgeted direct labor cost for July. Multiple Choice o $12432 o ( $8,78. o $8.547. o $21,546. o $12768. Use the following information to determine the ending cash balance to be reported on the month ended June 30 cash budget. a. Beginning cash balance on June 1. $95.000. b. Cash receipts from sales. $418,000. c. Budgeted cash disbursements for purchases. $273.000. d. Budgeted cash disbursements for salaries, $96.000. e. Other budgeted cash expenses. $58,000. f. Cash repayment of bank loan $33,000. g. Budgeted depreciation expense. $35,000. Multiple Choice o O $111.000 o $18.000 o $76,000 o O $53.000 o $86,000 Western Company is preparing a cash budget for June. The company has $10,700 cash at the beginning of June and anticipates $31.300 in cash receipts and $37.100 in cash disbursements during June. Western Company has an agreement with its bank to maintain a minimum cash balance of $10,000. As of May 31, the company owes $15,000 to the bank. To maintain the $10,000 required balance, during June the company must: Multiple Choice O Borrow $10,000. o Borrow $5,100 O Repay $5,100 o Borrow $5.800. O Repay $4.900
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