Question :
101.Under what circumstances may a manager be motivated to defer : 1302855
101.Under what circumstances may a manager be motivated to defer a shipment until the next period?
A.When budgeted costs have been overstated for the current year
B.When revenue for the current year is less than expected
C.When this year’s budgeted income is less than expected
D.When the budgeted income for the current year has already been attained
102.Workman Company had sales of 15,000 units of its only product in the first quarter of 2013. In the first quarter of 2014, Workman anticipates selling 20% more units than it sold in the first quarter of 2013, with a selling price of $68 per unit. What is the amount of sales revenue that will appear in the budgeted income statement for the first quarter of 2014?
A.$1,224,000
B.$1,020,000
C.$1,468,800
D.$816,000
103.Hanson Meters had sales of 4,000, 4,500, 6,000, and 5,000 water meters during each of the four quarters of 2013. Hanson expects sales in each quarter of 2014 to be 10% more than the respective quarter of 2013. Each meter sells for $150. What amount will appear as budgeted total sales revenue for 2014?
A. $3,217,500
B. $21,450
C. $2,925,000
D. None of the answer choices are correct.
104.Bombay Cabinet Store’s policy is to keep 25% of the next month’s sales in ending inventory. If sales are expected to be 5,000 units in March, 5,800 units in April, and 6,000 units in May, how many units should be produced in April?
A.7,300 units
B.5,750 units
C.6,050 units
D.5,850 units
105.Cross Country Apparel plans to sell 22,000 ladders in May and 34,000 ladders in June. Cross Country keeps 10% of the next month’s sales as ending inventory. If April’s ending inventory reflects this policy, how many ladders should be produced in May?
A.23,200 ladders
B.20,800 ladders
C.25,400 ladders
D.19,800 ladders
106.Marks Company produces staplers. Its sales are projected to be 26,000 in June, 28,000 in July, and 30,000 in August. The company plans to have 15% of the next month’s sales in inventory at the end of each month. How many staplers must Marks produce in July?
A.28,300 units
B.28,600 units
C.28,000 units
D.32,500 units
107.RasDyne Chemicals has 40,000 pounds of krypton in inventory at the beginning of August. The company plans to produce 6,000 rack joints made out of krypton in August. If each rack joint requires 30 pounds of krypton and RasDyne wants 50,000 pounds of krypton in inventory at the end of August, how many pounds of krypton should the company plan to purchase during August?
A.170,000 pounds
B.180,000 pounds
C.190,000 pounds
D.210,000 pounds
108.Budget Electronics is planning to sell 2,200 and produce 2,000 wicker baskets during June. Each unit requires 120 linear feet of wicker and 0.70 hours of direct labor. Wicker costs $0.35 per linear foot and employees of the company are paid $13.00 per hour. Manufacturing overhead is applied at a rate of 140% of direct labor costs. The company wants to have 10% of the wicker needed for the next month’s production available at the end of each month. The expected production in July is 1,800 baskets. How many linear feet of wicker should the company plan to buy during June?
A.807,840 feet
B.237,600 feet
C.239,980 feet
D.242,400 feet
109.Budget Electronics is planning to sell 2,200 and produce 2,000 wicker baskets during June. Each unit requires 120 linear feet of wicker and 0.70 hours of direct labor. Wicker costs $0.35 per linear foot and employees of the company are paid $13.00 per hour. Manufacturing overhead is applied at a rate of 140% of direct labor costs. The company wants to have 10% of the wicker needed for the next month’s production available at the end of each month. The expected production in July is 1,800 baskets. What is the total amount that will be budgeted for direct labor for June?
A.$18,200
B.$26,000
C.$20,020
D.$28,600
110.Budget Electronics is planning to sell 2,200 and produce 2,000 wicker baskets during June. Each unit requires 120 linear feet of wicker and 0.70 hours of direct labor. Wicker costs $0.35 per linear foot and employees of the company are paid $13.00 per hour. Manufacturing overhead is applied at a rate of 140% of direct labor costs. The company wants to have 10% of the wicker needed for the next month’s production available at the end of each month. The expected production in July is 1,800 baskets. How much manufacturing overhead will be charged to each basket sold during June?
A.$12.74
B.$9.10
C.$18.20
D.$11.58
