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Dorothy's Pickled Snacks produces several types of pickled vegetables. The company budgets for each quarter...

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Dorothy's Pickled Snacks produces several types of pickled vegetables. The company budgets for each quarter in the last month of the previous quarter. In early March, Dorothy is preparing the budget for pickled beets. Budgeted sales are 14000 jars for April, 16300 jars for May, and 19300 jars for June. Each jar requires 1.2 pounds of beets. The pickling process takes 60 minutes for 20 jars. Because pressurized cooking is used, the processing is monitored by an employee at all times. Each jar of pickled beets sells for $15.00. Dorothy requires ending Finished Goods inventory equal to 25% of the following month's sales. Other information is as follows: Standard direct labor rate Manufacturing overhead rate Price of beets Price of jars, 100-lot $12.00 per hour 45.00 per direct labor hour 6.00 per pound 150.00 per lot What is Dorothy's production budget for April? O 14000 O 14575 O 18075 O 13425 Sheridan, Inc. plans to purchase equipment with a cost of $126000. The company expects annual net cash inflows from the equipment of $27600. The equipment has an estimated life of 8 years, no estimated salvage life, and a required rate of return is 6%. The payback period for the equipment is closest to 8.0 years. 4.6 years. O 1.5 years. O 1.0 year

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