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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

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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 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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