Question 6

Using the facts from the lecture, what would be the total direct labor cost for the quarter if the company pays time and one-half ($10 1.5 = $15) for all hours worked by employees over 200 per month?

Group of answer choices

$5,325

$5,700

$5,170

$5,200

Question 7

Using the facts from the lecture, what are the total cash disbursements for selling and administrative expenses for the quarter?

Group of answer choices

$11,000

$23,000

$18,000

$7,000

Question 8

Using the facts from the lecture, what is the excess (deficiency) of cash available over disbursements for June?

Group of answer choices

$9,500

$17,500

$(2,100)

$13,050

Question 9

Using the facts from the lecture, what is the budgeted net income for the quarter?

(enter your answer in whole dollars)

_______________

Question 10

Using the facts from the lecture, what is the total assets as of June 30th?

(enter your answer in whole dollars)

_____________