Question 1Syntex Corporation has the following Production Budget data:Expected Sales in Units UnitsJulyAugustSeptemberOctoberNovemberDecember53,00060,00055,00062,00058,00064,000Additional Information:• Units on hand at the end of June equaled 20,000 units· Ending finished goods inventory should equal 20% of next month's expected salesREQUIRED:• What are the units for the Production Budget in JULY?(Enter as a whole number without decimals, commas, or a dollar sign)Question 2Syntex Corporation has the following Production Budget data:Expected Sales in Units UnitsJulyAugustSeptemberOctoberNovember53,00060,00055,00062,00058,000December64,000Additional Information:• Units on hand at the end of June equaled 20,000 units· Ending finished goods inventory should equal 20% of next month's expected sales• It takes 3.25 hours of direct labor to produce each unit• Direct Labor Wage Rate is $18.00 per Direct Labor HourREQUIRED:• What is the dollar amount of the Direct Labor Budget for SEPTEMBER? Question 3Syntex Corporation has the following budget data:Expected Sales in Units UnitsJulyAugustSeptemberOctoberNovemberDecember53,00060,00055,00062,00058,00064,000Additional Information:• Units on hand at the end of June equaled 20,000 units· Ending finished goods inventory should equal 20.00% of next month's expected sales• It takes 1 hours of direct labor to produce each unit• Variable Overhead is applied at $2.50 per Direct Labor Hour• Fixed Overhead per month amounts to $25,000. REQUIRED:• What is the dollar amount of the Overhead Budget for SEPTEMBER?Question 4Syntex Corporation has the following budget data:Expected Sales in Units UnitsJulyAugustSeptemberOctober53,00060,00055,00062,000NovemberDecember58,00064,000Additional Information:• Variable Selling and Administrative expense is $2.20 per unit• Fixed Selling and Administrative expense is $51,000 per monthREQUIRED:• What is the dollar amount of the Selling and Administrative Expense Budget for AUGUST?

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Question 1 Syntex Corporation has the following Production Budget data: Expected Sales in Units Units July August September October November December 53,000 60,000 55,000 62,000 58,000 64,000 Additional Information: • Units on hand at the end of June equaled 20,000 units · Ending finished goods inventory should equal 20% of next month's expected sales REQUIRED: • What are the units for the Production Budget in JULY?

Question 1 Syntex Corporation has the following Production Budget data: Expected Sales in Units Units July August September October November December 53,000 60,000 55,000 62,000 58,000 64,000 Additional Information: • Units on hand at the end of June equaled 20,000 units · Ending finished goods inventory should equal 20% of next month's expected sales REQUIRED: • What are the units for the Production Budget in JULY?

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter8: Budgeting

Section: Chapter Questions

Problem 5E: Production budget Healthy Measures Inc. produces a Bath and Gym version of its popular electronic...

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