Question :
77. The production budget shows expected unit sales 100,000. The : 1311832
77. The production budget shows expected unit sales are 100,000. The required production units are 104,000. What are the beginning and desired ending finished goods units, respectively?
Beginning UnitsEnding Units
a.10,0006,000
b.6,00010,000
c.4,00010,000
d.10,0004,000
78. The production budget shows that expected unit sales are 48,000. The total required units are 54,000. What are the required production units?
a.6,000
b.9,000
c.12,000
d.Cannot be determined from the data provided.
79. The direct materials budget shows:
Units to be produced3,000
Total pounds needed for production9,000
Total materials required9,900
What are the direct materials per unit?
a..33 pounds
b.3.0 pounds
c.3.3 pounds
d.Cannot be determined from the data provided.
80. The direct materials budget shows:
Desired ending direct materials48,000 pounds
Total materials required69,000 pounds
Direct materials purchases63,200 pounds
The total direct materials needed for production is
a.21,000 pounds.
b.5,800 pounds.
c.15,200 pounds.
d.132,200 pounds.
81. If the required direct materials purchases are 24,000 pounds, the direct materials required for production is three times the direct materials purchases, and the beginning direct materials are three and a half times the direct materials purchases, what are the desired ending direct materials in pounds?
a.60,000
b.12,000
c.36,000
d.24,000
82. Dart, Inc. makes and sells umbrellas. The company is in the process of preparing its Selling and Administrative Expense Budget for the last half of the year. The following budget data are available:
Variable Cost Per Unit SoldMonthly Fixed Cost
Sales commissions$0.60$ 6,000
Shipping1.20
Advertising0.30
Executive salaries40,000
Depreciation on office equipment8,000
Other0.3528,000
Expenses are paid in the month incurred. If the company has budgeted to sell 8,000 umbrellas in October, how much is the total budgeted variable selling and administrative expenses for October?
a.$16,800
b.$18,400
c.$101,600
d.$19,600
83. Which of the following expenses would not appear on a selling and administrative expense budget?
a.Sales commissions
b.Depreciation
c.Property taxes
d.Indirect labor
84. Which of the following would not appear as a fixed expense on a selling and administrative expense budget?
a.Freight-out
b.Office salaries
c.Property taxes
d.Depreciation
85. A master budget consists of
a.an interrelated long-term plan and operating budgets.
b.financial budgets and a long-term plan.
c.interrelated financial budgets and operating budgets.
d.all the accounting journals and ledgers used by a company.
86. The starting point in preparing a master budget is the preparation of the
a.production budget.
b.sales budget.
c.purchasing budget.
d.personnel budget.
