The production budget is prepared before the sales budget.

A company expects sales revenue of $520,000 for August. Variable costs are 62% of sales and fixed costs are $118,000. What is the budgeted operating income for August?

A company expects a 20 percent return on investment of $500,000. It expects to sell 10,000 units. What is the required profit per unit to meet this target?

Under variable cost-plus pricing, if actual sales volume is lower than expected, the fixed costs may not be fully covered.

Each unit of product requires 4 kilograms of direct material. Budgeted production for July is 8,500 units. The company plans to have 9,000 kilograms of material on hand at the end of July and had 7,200 kilograms on hand at the beginning of July. How many kilograms of material should be purchased in July?

Which of the following positions is primarily responsible for financing activities such as borrowing and investing?

A company estimates the following per-unit manufacturing costs: Direct materials $18; Direct labour $12; Variable overhead $6. Total fixed manufacturing overhead is $240,000 and expected production is 20,000 units. Using absorption cost-plus pricing with a 25 percent markup on manufacturing cost, what is the target selling price per unit?

A company sells 15,000 units at $40 per unit. Variable cost is $28 per unit. Fixed costs are $120,000. What is operating income?

Choose one, and only one, of the following two questions and answer it.  Explain why the idea that we have free will is significant and why physical laws pose a challenge to this idea. Provide a response to this challenge. Some people argue that quantum mechanics can save free will, but Sider thinks that this is mistaken. First, explain why some people think that quantum mechanics makes room for free will, and then develop Sider’s objection. Finally, state whether you agree with Sider and explain your view.

Choose one, and only one, of the following two questions and answer it.  1. Explain the cosmological argument in your own words. Next, discuss an objection to the cosmological argument. Finally, provide a response to the objection. 2. Explain the evidential version of the argument from suffering (problem of evil) in your own words. How does the evidential version of the argument from suffering avoid an objection that is difficult for the logical version of the argument from suffering to address?