80.2K

Verified Solution

Link Copied!

last options are 705000, 223,500 634500 858,000

LBC Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 4.4 hours of direct labor at the rate of $15.00 per direct labor-hour. Management would like you to prepare a Direct Labor Budget for June The company plans to sell 25.000 units of Product wz in June. The finished goods inventories on June 1 and June 30'are budgeted to be 470 and 50 units, respectively. Budgeted direct labor costs for June would be Multiple Choice $367,500 31.622.200 $1,641.030 $1,659.780 The manufacturing overhead budget at Polich Corporation is based on budgeted direct labor-hours. The direct labor budget indicates that 9,300 direct labor-hours will be required in February. The variable overhead rate is $8.70 per direct labor-hour. The company's budgeted fived manufacturing overhead is $124.620 per month, which includes depreciation of $18,280. All other fixed manufacturing overhead costs represent current cash flows. The February cash disbursements for manufacturing overhead on the manufacturing overhead budget should be Multiple Choice $80,010 $205.530 5106340 S7250 Bustillo Inc. is working on its cash budget for March. The budgeted beginning cash balance is $40,000. Budgeted cash receipts total $121,000 and budgeted cash disbursements total $115,000. The desired ending cash balance is $61,500. To attain its desired ending cash balance for March, the company needs to borrow. Multiple Choice $107.500 515.500 30 561.500 Harrti Corporation has budgeted for the following sales: July August September October November December $448,000 $583,000 $616,500 $891,500 $745,000 $705,000 Sales are collected as follows: 10% in the month of sale: 60% in the month following the sale; and the remaining 30% in the second month following the sale. In Hati's budgeted balance sheet at December 31, at what amount will accounts receivable be shown

Answer & Explanation Solved by verified expert

See Answer