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Alliance Companys budgets production of 24,000 units in January and 28,000 units in the February. Each finished unit requires 3 pounds of raw material K that costs $3.00 per pound. Each months ending raw materials inventory should equal 35% of the following months budgeted materials. The January 1 inventory for this material is 25,200 pounds. What is the budgeted materials cost for January?

$304,200.

$140,400.

$228,600.

$163,800.

$216,000.

Webster Corporation is preparing its cash budget for April. The March 31 cash balance is $38,400. Cash receipts are expected to be $651,000 and cash payments for purchases are expected to be $613,500. Other cash expenses expected are $28,000 selling and $34,500 general and administrative. The company desires a minimum cash balance at the end of each month of $40,000. If necessary, the company borrows enough cash to meet the minimum using a short-term note. The amount Webster must borrow during April is:

$0.

$13,400.

$115,900.

$26,600.

$75,900.

Zhang Industries budgets production of 220 units in June and 230 units in July. Each unit requires 1.5 hours of direct labor. The direct labor rate is $12.40 per hour. The indirect labor rate is $19.40 per hour. Compute the budgeted direct labor cost for July.

$6,693.

$10,971.

$4,278.

$4,092.

$6,402.

Ratchet Manufacturing's August sales budget calls for sales of 9,000 units. Each month's sales are expected to exceed the prior month's results by 6%. The product selling price is $30 per unit. The expected total sales dollars for September's sales budget are:

$270,000.

$253,800.

$9,540.

$286,200.

$302,400.

Cameroon Corp. manufactures and sells electric staplers for $16.10 each. If 10,000 units were sold in December, and management forecasts 4.1% growth in sales each month, the number of electric stapler sales budgeted for March should be:

10,410

10,000

11,010

11,281

10,837

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