8.( TCO F) Matuseski Corporation is preparing its cash budget for October. The budgeted beginning cash balance is $ 54,000. Budgeted cash receipts total $ 127,000 and budgeted cash disbursements total $ 99,000. The desired ending cash balance is $ 100,000. The company can borrow up to $ 150,000 at any time from a local bank, with interest not due until the following month. Required: Prepare the company ' s cash budget for October in good form. Make sure to indicate what borrowing, if any, would be needed to attain the desired ending cash balance.( Points: 25) 9.( TCO F) Bella Lugosi Holdings, Inc.( BLH), has collected the following operating information for its current month ' s activity. Using this information, prepare a flexible budget analysis to determine how well BLH performed in terms of cost control.
Actual Costs Incurred Static Budget
Activity level( in units) 5,250 5,178 Variable costs: Indirect materials $ 24,182 $ 23,476 Utilities $ 22,356 $ 22,674
Fixed costs: Administration $ 63,450 $ 65,500 Rent $ 65,317 $ 63,904( Points: 25) 10.( TCO H) Lindon Company uses 10,000 units of Part Y each year as a component in the assembly of one of its products. The company is presently producing Part Y internally at a total cost of $ 100,000 as follows. Direct materials............................................... $ 20,000 Direct labor...................................................... 40,000 Variable manufacturing overhead...................... 16,000 Fixed manufacturing overhead....................... 24,000 Total costs....................................................... 100,000 An outside supplier has offered to provide Part Y at a price of $ 10 per unit. If Lindon stops producing the part internally, one third of the fixed manufacturing overhead would be eliminated. 11.( TCO B) Wahr Corporation bases its predetermined overhead rate on the estimated labor hours for the upcoming year. At the beginning