Brimson has forecast sales for the next three months as follows July 4,000 units, August 6,000 units, September 7,500 units Brimson 's policy is to have an ending inventory of 40 of the next month 's sales needs on hand July 1 beginning inventory is projected to be 1,500 units Monthly manufacturing...

BUDGETED PRODUCTION Sales 400 ...

Brimson has forecast sales for the next three months as follows: July 4,000 units, August 6,000 units,

Question:

Brimson has forecast sales for the next three months as follows: July 4,000 units, August 6,000 units, September 7,500 units. Brimson's policy is to have an of 40% of the next month's sales needs on hand. July 1 beginning inventory is projected to be 1,500 units. Monthly manufacturing overhead is budgeted to be $17,000 plus $5 per unit produced. What is the total budgeted manufacturing overhead for July?
Ending Inventory
The ending inventory is the amount of inventory that a business is required to present on its balance sheet. It can be calculated using the ending inventory formula Ending Inventory Formula =...