Question: 1. Turks sells miniature digital cameras for $400 each. 900 units were sold in May, and it forecasts 5% growth in unit sales each month. Determine
(a) the number of camera sales and
(b) the dollar amount of camera sales for the month of June.
2. The production budget for Zink Company shows units to be produced as follows: July, 620; August, 680; September, 540. Each unit produced requires two hours of direct labor. The direct labor rate is currently $16 per hour but is predicted to be $16.75 per hour in September. Prepare a direct labor budget for the months July, August, and September.