Veltri corporation is working on its direct

Shuck Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The direct labor budget indicates that 8,000 direct labor-hours will be required in May. The variable overhead rate is $1.10 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $100,350 per month, which includes depreciation of $9,000. All other fixed manufacturing overhead costs represent current cash flows. The May cash disbursements for manufacturing overhead on the manufacturing overhead budget should be:

$100,150

$109,150

$91,350

$8,800

LHU Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 2.9 hours of direct labor at the rate of $25.00 per direct labor-hour. Management would like you to prepare a Direct Labor Budget for June.

The budgeted direct labor cost per unit of Product WZ would be:

$6.80 per unit

$25.00 per unit

$41.70 per unit

$72.50 per unit

LHU Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 2.3 hours of direct labor at the rate of $19.00 per direct labor-hour. The company plans to sell 42,000 units of Product WZ in June. The finished goods inventories on June 1 and June 30 are budgeted to be 640 and 140 units, respectively. Budgeted direct labor costs for June would be: (Do not round intermediate calculations.)

$1,813,550

$1,851,050

$1,832,300

$790,500

The manufacturing overhead budget at Cardera Corporation is based on budgeted direct labor-hours. The direct labor budget indicates that 8,000 direct labor-hours will be required in January. The variable overhead rate is $9.60 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $114,400 per month, which includes depreciation of $18,180. All other fixed manufacturing overhead costs represent current cash flows.

The January cash disbursements for manufacturing overhead on the manufacturing overhead budget should be:

$96,220

$76,800

$191,200

$173,020

Sparks Corporation has a cash balance of $16,500 on April 1. The company must maintain a minimum cash balance of $13,500. During April, expected cash receipts are $63,000. Cash disbursements during the month are expected to total $74,500. Ignoring interest payments, during April the company will need to borrow:

$5,000

$8,500

$13,500

$11,500

Veltri Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.78 direct labor-hours. The direct labor rate is $10.30 per direct labor-hour. The production budget calls for producing 7,000 units in October and 6,800 units in November. The company guarantees its direct labor workers a 40-hour paid work week. With the number of workers currently employed, that means that the company is committed to paying its direct labor work force for at least 5,480 hours in total each month even if there is not enough work to keep them busy. What would be the total combined direct labor cost for the two months?

$124,671.20

$112,888.00

$110,869.20

$111,075.20

The Adams Corporation, a merchandising firm, has budgeted its activity for November according to the following information:

• Sales at $530,000, all for cash.

• Merchandise inventory on October 31 was $240,000.

• The cash balance November 1 was $26,000.

• Selling and administrative expenses are budgeted at $84,000 for November and are paid for in cash.