Seaworthy Designs manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor

Seaworthy Designs manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. Seaworthy uses standard costs to prepare its flexible budget. For the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: 
Direct materials: 5 pounds per unit; $6 per pound Direct labor: 2 hours per unit; $20 per hour 
During the first quarter, Seaworthy produced 4,000 units of this product. Actual direct materials and direct labor costs were $66,000 and $331,000, respectively. 
For the purpose of preparing the flexible budget, what is the total standard direct labor cost at a production volume of 4,000 units? 
O A. $80,000 O B. $331,000 O C. $66,000 O D. $160,000 
 

Berman Company is preparing its budget for the third quarter. Cash balance on July 31 was $32,000. Assume there is no minimum balance of cash required and no borrowing is undertaken. Additional budgeted data are provided here: 
July Aug Sep Cash collections $54,000 $54,000 $54,000 Cash payments Purchases of direct materials 21,000 19,000 19,000 Operating expenses 27,000 21,000 33,000 Capital expenditures 7,000 13,000 6,000 
Calculate the projected balance of cash at the end of August. 
O A. $33,000 O B. $107,000 O C. $21,000 O D. $46,000