Please double check your answer, thank you so muchSimplicity 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
