Question : 21) How many boxes should Berry’s Boxes produce in 2012? A) : 1186310

21) How many boxes should Berry’s Boxes produce in 2012?

A) 24,000 boxes

B) 20,000 boxes

C) 19,500 boxes

D) 20,500 boxes

E) 22,500 boxes

22) What will be Berry’s Boxes cost of goods sold in 2012?

A) $42,000

B) $24,000

C) $38,000

D) $30,000

E) $34,000

23) What will be Berry’s Boxes production costs incurred for direct materials, direct manufacturing labour, and manufacturing overhead, respectively, for 2012?

A) $20,500; $10,250; $4,100

B) $19,500; $9,750; $3,900

C) $10,000; $5,000; $4,000

D) $22,500; 11,250; $4,500

E) $12,000; $6,000; $4,800

Use the information below to answer the following question(s).

Country Heather manufactures flowerpots. It expects to sell 40,000 flowerpots in 2007. The company had enough beginning inventory of direct materials to produce 48,000 units. Beginning inventory of finished units totalled 4,000 with a target ending inventory of 5,000 units. The flowerpots sell for $6.00 and the company keeps no work-in-process inventory. Direct materials costs for each flowerpot total $2.00 while direct labour is $1.00. Factory overhead is $0.40 per flowerpot.

24) What will be Country Heather’s budgeted revenue?

A) $216,000

B) $240,000

C) $312,000

D) $318,000

E) $300,500

25) How many flowerpots should Country Heather produce in 2007?

A) 48,000 flowerpots

B) 44,000 flowerpots

C) 41,000 flowerpots

D) 39,000 flowerpots

E) 18,000 flowerpots

26) What will be Country Heather’s cost of goods sold?

A) $122,400

B) $136,000

C) $139,400

D) $149,600

E) $101,500

27) What will be Country Heather’s total costs incurred for direct materials, direct manufacturing labour, and manufacturing overhead, respectively, for 2007?

A) $0; $40,000; $16,000

B) $0; $41,000; $16,000

C) $80,000; $40,000; $16,000

D) $82,000; $41,000; $16,400

E) $84,000; $40,000; $16,400

Use the information below to answer the following question(s).

Fair Score Company manufactures scoreboards for athletic events. It expects to sell 20,000 scoreboards in 2012. The company has enough beginning inventory of direct materials to produce 8,000 units. Beginning work-in-process inventory totals 2,000 units and is 100 percent complete as to material and 50 percent complete as to labour and overhead. Beginning finished units total 4,000 with a target ending finished inventory of 3,000 units. The scoreboards sell for $800. There is no ending work-in-process inventory. Direct materials costs for each scoreboard total $200 while direct labour is $80. Manufacturing overhead is $60 per scoreboard.

28)  What will be Fair Score Company’s budgeted total sales for 2012?

A) $18,400,000

B) $17,600,000

C) $16,000,000

D) $15,200,000

E) $12,300,000

29) How many scoreboards should Fair Score Company produce in 2012?

A) 23,000

B) 21,000

C) 20,000

D) 19,000

E) 16,000

30) What will be Fair Score Company’s budgeted total cost of direct materials used in 2012?

A) $3,400,000

B) $3,800,000

C) $3,600,000

D) $3,200,000

E) $3,155,000