Pacific has forecast sales for the next three months as follows: July 4,000 units, August 6,000 units,
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Question:
Pacific has forecast sales for the next three months as follows: July 4,000 units, August 6,000 units, September 7,500 units. Pacific's policy is to have an ending inventory of 40% of the next month's sales needs on hand. July 1 inventory is projected to be 1,500 units. Monthly costs are budgeted as follows:
Fixed manufacturing costs | $ | 17,000 |
Fixed selling costs | $ | 10,000 |
Fixed administrative costs | $ | 8,300 |
Variable manufacturing costs | $ | 5 per unit produced |
Variable selling costs | $ | 3 per unit sold |
What is budgeted manufacturing overhead cost for August? |
Related Book For
Accounting What the Numbers Mean
ISBN: 978-1260565492
12th edition
Authors: David Marshall, Wayne McManus, Daniel Viele
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