The Pedernales Company buys tents for $140 and sells them for $260 each; the company has the following sales forecast: August 200 units, September 280 units and October 310 units. Ending inventory for each month should be 20% of the next month’s sales. The company had 36 units on hand on August 1st. What total dollar amount would appear on the company’s sales budget for August?

The Guadalupe Corporation recently manufactured inventory and had the following costs: Direct labor wages $6,100 Administrative salaries $8,000 Variable overhead $2,700 Direct materials $8,600 Utility costs $2,800 Administrative rent $4,300 when the company produced 2,000 units.  What is the company’s variable cost per unit?  Round your final answer to two decimal places.

Which of the following could be included in the retained earnings column when preparing a tabular analysis? Expenses [response1] Dividends [response2] Cash [response3] Revenues [response4]

A company decides to make all sales on account and experience shows that 40% of sales are collected in the month of the sale and 60% in the month after the sale; which of the following budgets will be impacted by the decision? Sales [response1] Balance sheet [response2] Income statement [response3] Purchases [response4] Cash [response5]

Wages for a factory cleaning crew would be considered a(n) [response1] cost as well as a [response2] cost.

The Blanco Company began operations this year and reported the following at the end of the year: Cash 8,200 Inventory 6,650 Accounts receivable 340 Common stock 8,400 Equipment 23,900 Advertising expense 560 Rent expense 850 Revenue 28,900 Notes payable 9,400 Payroll expense 6,200 What is the company’s total equity?

Which of the following would be considered an asset? Building [response1] Dividends [response2] Accounts receivable [response3] Retained earnings [response4]

Which budget has the least number of estimates?

On average, 5 adverse events are reported per week in a lab animal facility. Which of the following is a reasonable model for the number of adverse events in 4 weeks? 

A botany class has 100 students. Each student plants 5 seeds in a tray. Assume the seeds germinate independently, and each seed has probability 0.4 of germinating within one week. What is the probability that a given student has at least 3 seeds germinate within one week? (At least 2 decimals.)