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What are the total budgeted manufacturing cost for the month

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Q1. A company determined that the budgeted cost of producing a product is $30 per unit. On June 1, there were 78000 units on hand, the sales department budgeted sales of 280000 units in June, and the company desires to have 100000 units on hand on June 30. The budgeted cost of goods sold for June would be?

A. $7740000.

B. $8400000.

C. $10740000.

Q2. Crane Manufacturing uses a flexible budget. It has the following budgeted manufacturing costs for 24000 pairs of shoes: Fixed Manufacturing Costs, $11500 and Variable Manufacturing Costs, $10.00 per pair of shoes. If Crane Manufacturing makes 19000 pairs of shoes this month, what are the total budgeted manufacturing cost for the month?

A. $251500.

B. $240000.

C. $201500.

Q3. Crane Company had sales of $300000, variable costs of $100000, and direct fixed costs totaling $100000. The company's operating assets total $600000, and its required return is 10%. How much is the residual income?

A. $40000

B. $40000

C. $60000

Q4. Sheridan Company uses flexible budgets. At normal capacity of 21000 units, budgeted manufacturing overhead is: $63000 variable and $270000 fixed. If Stone had actual overhead costs of $334400 for 23000 units produced, what is the difference between actual and budgeted costs?

A. $4600 favorable

B. $13800 unfavorable

C. $18400 favorable

Reference no: EM132740593

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