72. vui | lai I lit 9 9 - 15 The following information is taken from the production budget for the first quarter. Beginning inventory in units 1,200 Sales budgeted for the quarter 426,000 Capacity in units of production facility 472,000 How many finished goods units should be produced during the quarter if the company desires 3,200 units available to start the next quarter? a. 428,000 b. 424,000 c. 474,000 d. 429,200 Ans: LA? Binomian 76. The production budget shows expected unit sales of 32,000. Beginning finished goods units are 3,600. Required production units are 33,600. What are the desired ending finished goods units? a. 2,000 b. 3,600 c. 6,400 d. 5,200 Ans: D, LO: 2, Bloom: AP, Difficulty: Medium, Min: 3. AACSB: Analytic AICPA RR Racun Mann 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 Units Ending Units 10,000 6,000 6,000 10,000 4,000 10,000 10,000 4,000 Ans: B, LO: 2, Bloom: AP, Difficulty: Medium, Min: 3, AACSB: Analytic, AICPA BB: Resource Management, AICPA FN: Measurement, AICPA PC: Problem Solving, IMA: Budget Preparation 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. Ans: D. LO: 2. Bloom: AP, Difficulty: Medium, Min: 3, AACSB: Analytio, AICPA BB: Resource Management, AICPA FN: Measurement, AICPA PC: Problem Solving, IMA: Budget Preparation 79. The direct materials budget shows: Units to be produced 3,000 Total pounds needed for production 9,000 Total materials required 9,900 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 materials 48,000 pounds Total materials required 69,000 pounds Direct materials purchases 63,200 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 Ans: C, LO: 2. Bloom: AP, Difficulty: Medium, Min: 3, AACSB: Analytic, AICPA BB: Resource Management, AICPA FN: Measurement, AICPA PC: Problem Solving, IMA:Budget Preparation 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 Sold Monthly Fixed Cost Sales commissions $0.60 $ 6,000 Shipping 1.20 Advertising 0.30 Executive salaries 40,000 Depreciation on office equipment 8,000 Other 0.35 28,000 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