Masde Corporation produces and sells Product CharlieD. To gu…

Masde Corporation produces and sells Product CharlieD. To guard against stockouts, the company requires that 25% of the next month’s sales be on hand at the end of each month. Budgeted sales of Product CharlieD over the next four months are:   June July August September Budgeted sales in units 40,000 60,000 50,000 80,000 Budgeted production for August would be (PLEASE SHOW YOUR WORK BY USING THE HONORLOCK ON-SCREEN CALCULATOR):  

Chhom Corporation makes a product whose direct labor standar…

Chhom Corporation makes a product whose direct labor standards are 0.4 hours per unit and $19.00 per hour. In November the company produced 1,800 units using 760 direct labor-hours. The actual direct labor cost was $13,300.   The labor efficiency variance for November is (PLEASE SHOW YOUR WORK BY USING THE HONORLOCK ON-SCREEN CALCULATOR):

The LaGrange Corporation had the following budgeted sales fo…

The LaGrange Corporation had the following budgeted sales for the first half of the current year:     Cash Sales   Credit Sales January $70,000   $340,000 February $50,000   $190,000 March $40,000   $135,000 April $35,000   $120,000 May $45,000   $160,000 June $40,000   $140,000   The company is in the process of preparing a cash budget and must determine the expected cash collections by month. To this end, the following information has been assembled: Collections on sales: 60% in month of sale 30% in month following sale 10% in second month following sale   What is the budgeted accounts receivable balance on May 31? PLEASE SHOW YOUR WORK BY USING THE HONORLOCK ON-SCREEN CALCULATOR.