1. Curley Awards Co. projected sales of 64,000 brass plaques for 2010. The estimated January 1, 2010, inventory is 4,500 units, and the desired December 31, 2010, inventory is 6,000 units. What is the budgeted production (in units) for 2010?

2. Lidell Awards Co. budgeted production of 66,000 brass plaques in 2010. Each plaque requires engraving. Assume that 12 minutes are required to engrave each plaque. If engraving labor costs $13.00 per hour, determine the direct labor cost budget for 2010.

3. At the beginning of the period, the Sealing Department budgeted direct labor of $108,100 and supervisor salaries of $25,000 for 4,700 hours of production. The department actually completed 6,000 hours of production. Determine the budget for the department, assuming that it uses flexible budgeting.

4. McMichael Awards Co. collects 70% of its sales on account in the month of the sale and 30% in the month following the sale. If sales on account are budgeted to be $56,000 for March and $67,000 for April, what are the budgeted cash receipts from sales on account for April?

5. Marshall Awards Co. budgeted production of 53,000 brass plaques in 2010. Brass sheet is required to produce a brass plaque. Assume 73 square inches of brass sheet are required for each brass plaque. The estimated January 1, 2010, brass sheet inventory is 193,000 square inches. The desired December 31, 2010, brass sheet inventory is 213,000 square inches. If brass sheet costs $0.07 per square inch, determine the direct materials purchases budget for 2010.