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A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (18,800 units): Direct materials $178,500 Direct labor 224,400 Variable factory overhead 254,900 Fixed factory overhead 97,300 $755,100 Operating expenses: Variable operating expenses $125,200 Fixed operating expenses 41,300 166,500 If 1,700 units remain unsold at the end of the month, the amount of inventory that would be reported on the absorption costing balance sheet is O a. $59,482 Ob. $68,289 Oc. $70,803 Od. $83,336 Below is budgeted production and sales information for Flushing Company for the month of December Estimated beginning inventory Desired ending inventory Region I, anticipated sales Region II, anticipated sales Product XXX Product zzz 30,700 units 16,800 units 36,000 units 15,300 units 321,000 units 257,000 units 192,000 units 146,000 units The unit selling price for product XXX is $5 and for product ZZZ is $13. Budgeted production for product zzz during the month is O a. 403,000 units Ob. 579,700 units Oc. 418,300 units Od. 401,500 units Cardinal Company has finished goods inventory of 55,000 units on January 1. Its projected sales for the next four months are: January, 200,000 units; February, 180,000 units; March, 210,000 units; and April, 230,000 units. Cardinal Company wishes to maintain a desired ending finished goods inventory of 20% of the following month's sales. The budgeted units of production for March would be O a. 298,000 units Ob. 214,000 units Oc. 256,000 units Od. 206,000 units Dove Corporation began its operations on September 1 of the current year. Budgeted sales for the first three months of business are $240,000, $302,000, and $414,000, respectively, for September, October, and November. The company expects to sell 25% of its merchandise for cash. Of sales on account, 70% are expected to be collected in the month of the sale and 30% in the month following the sale. The cash collections expected in October are O a. $277,520 Ob. $265,120 Oc. $288,050 Od. $217,120

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