Q1. On November 1, Barnes Corporation has 11,750 units of Product A on hand. During the month, the company plans to sell 45,000 units of Product A, and plans to have 10,800 units on hand at end of the month. How many units of Product A must be produced during the month?

44,050

45,950

45,000

55,800

Q2. For July, White Corporation has budgeted production of 9,700 units. Each unit requires 0.20 direct labor-hours at a cost of $5.00 per direct labor-hour. How much will White Corporation budget for labor in July?

$48,500

$10,088

$1,940

$9,700

Q3. Sparks Corporation has a cash balance of $5,960 on April 1. The company must maintain a minimum cash balance of $5,500. During April, expected cash receipts are $66,200. Cash disbursements during the month are expected to total $70,920. Ignoring interest payments, during April the company will need to borrow:

rev: 07_01_2016_QC_CS-55011

$5,500

$1,240

$4,720

$4,260