Multiple ChoiceOO12,390 units19,590 units15,990 units12,000 units Bonkowski Corporation makes one product and has provided the following information to help prepare the master budget for the next four months of operations:Budgeted selling price per unit$ 97Budgeted unit sales (all on credit):JanuaryFebruaryMarchAprilRaw materials requirement per unit of outputRaw materials costDirect labor requirement per unit of outputDirect labor wage ratePredetermined overhead rate (all variable)Variable selling and administrative expenseFixed selling and administrative expenseCredit sales are collected:30% in the month of the sale70% in the following monthRaw materials purchases are paid:30% in the month of purchase70% in the following month10,00012,00013,30015, 200The budgeted required production for February is closest to:4 pounds$ 1.00 per pound2.5 direct labor-hours$23.00 per direct labor-hour$9.00 per direct labor-hour$ 3.10 per unit sold$ 70,000 per monthThe ending finished goods inventory should equal 30% of the following month's sales. The ending raw materials inventory should equal 10% of the following month's raw materialsproduction needs.

nkowski Corporation makes one product and has provided the following information to help prepare the master budget for the next four months of operations: Budgeted selling price per unit Budgeted unit sales (all on credit): January February March April Raw materials requirement per unit of output Raw materials cost Direct labor requirement per unit of output Direct labor wage rate Predetermined overhead rate (all variable) Variable selling and administrative expense Fixed selling and administrative expense edit sales are collected: 30% in the month of the sale 70% in the following month w materials purchases are paid: 30% in the month of purchase 70% in the following month $ 97 e budgeted required production for February is closest to: 10,000 12,000 13,300 15,200 4 pounds $ 1.00 per pound 2.5 direct labor-hours $ 23.00 per direct labor-hour $ 9.00 per direct labor-hour $ 3.10 per unit sold $ 70,000 per month e ending finished goods inventory should equal 30% of the following month's sales. The ending raw materials inventory should equal 10% of the following month's raw materials oduction needs.

nkowski Corporation makes one product and has provided the following information to help prepare the master budget for the next four months of operations: Budgeted selling price per unit Budgeted unit sales (all on credit): January February March April Raw materials requirement per unit of output Raw materials cost Direct labor requirement per unit of output Direct labor wage rate Predetermined overhead rate (all variable) Variable selling and administrative expense Fixed selling and administrative expense edit sales are collected: 30% in the month of the sale 70% in the following month w materials purchases are paid: 30% in the month of purchase 70% in the following month $ 97 e budgeted required production for February is closest to: 10,000 12,000 13,300 15,200 4 pounds $ 1.00 per pound 2.5 direct labor-hours $ 23.00 per direct labor-hour $ 9.00 per direct labor-hour $ 3.10 per unit sold $ 70,000 per month e ending finished goods inventory should equal 30% of the following month's sales. The ending raw materials inventory should equal 10% of the following month's raw materials oduction needs.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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