1. What is the total Budgeted sales revenue for the quarter? (in dollars)
200,000
500,000
1,000,000
300,000
1,250,000
2. What is the total budgeted production (in units) for June?
26,000
46,000
29,000
23,000
3. What are the total budgeted purchases cost for the month of June? (in dollars)
142,000
88,600
56,000
56,800
4. What are the raw materials used for the period? (in dollars)
202,000
201,400
5,200
4,600
5. What is the total standard unit cost? (in dollars)
5.50
6.50
2.5
2.0
7.25
6. What is the cost of goods sold for the period? (in dollars)
648,500
655,000
202,000
455,000
678,000
7. What is the total cash receipts for the quarter? (in dollars)
905,000
695,000
875,000
735,000
8. What is the accounts payable balance at the end of the quarter? (in dollars)
0
28,000
28,400
12,000
9. What is the cash balance at the end of the quarter? (in dollars)
30,560
30,180
30,500
33,980
30,000
10. What is the pro forma net income? (in dollars)
75,782
108,260
76,750
65,493
