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Qastion 17 Simplicity Manufacturing expects to generate the tollowing sales for the next three months Not yet answered Points out of 3 July August September $460000 $580,000 $620,000 Flag question Expected sales S mpliatys cost or gods sold is 60% of Sales dollars. Ame end of each morn samohoty wants a merhandse me tory balance ea a1620% ofte i loong sold What dollar amount of merchandise inventory should Simplicilty plan to purchase in Augustr? Select one O a $257,400 b. $314600 Oc$352,800 d $327,800 Blumenthal Manufactuning makes a produdt with the tollowing standard costs Quesion 18 Not ye anaue Points out of 3 Direct materials. Variable overhead In July the company produced 3,300 units using 12 240 pounds Standard Quantity or Hours 3 5 pounds 0 8 hours 0.8 hours Standard Price or Rate $3 00 per pound $1900 per hour $8.00 per hour Fwg qestonDirect labor of the drect material and 2760 dired labor-hours, During the month,the company purchased 13,000 pounds of the direct matenial at a cost of $35,100. The actual direct labor cost was $51,612 and the actual variable overhead cost was $20,148 basis of diredt labor-hours. The drect materials purchases variance is computed when the materials are purchased The labor eficiency variance for July is Select one a $2.280UU b. $2 244 U $2 280 F d$2.244 F Please double check your answer, thank you so much

Simplicity Manufacturing expects to generate the following sales for the next three months: Simplicity’s cost or gods sold is 60% of Sales dollars. At the end of each month. Simplicity wants a merchandise inventory balance equal to 20% of the following months expected cost of goods sold. What dollar amount of merchandise inventory should Simplicity plan to purchase in August? Select one a $257, 400 b. $314, 600 c. $352, 800 d. $327, 800 Blumenthal Manufacturing makes a product with the following standard costs: In july, the company produced 3, 300 units using 12, 240 pounds of the direct material and 2760 direct labor-hours, During the month, the company purchased 13,000 pounds of the direct material at a cost of $35, 100. The actual direct labor cost was $51, 612 and the actual variable overhead cost was $20, 148. The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased Select one a $2.280U b. $2.244 U c. $2.280 F d$2.244 F

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