21. How many units of ending finished goods inventory should the firm hold at the end of AUGUST? A. 9,903 units B. 39,916 units C. 12,916 units D. 10,997 units 22. How many units should the firm produce during the month of JULY? A. 35,483 units B. 44,262 units C. 10,997 units D. 34,374 units 23. How many units should the firm produce during the month of AUGUST? A. 12,916 units B. 39,916 units C. 41,835 units D. 50,913 units 24. How many feet of material should the firm have in raw materials ending inventory at the end of JUNE? A. 83,670 feet B. 19,958 feet C. 70,966 feet D. 17,187 feet 25. How many feet of material should the firm have in raw materials ending inventory at the end of JULY? A. 19,958 feet B. 70,966 feet C. 83,670 feet D. 17,187 feet 26. How much direct materials (in feet) will need to be purchased in JULY? A. 137,496 feet B. 154,636 feet C. 83,670 feet D. 141,932 feet 27. How much should the firm budget for direct labor in the month of JULY? A. $1,058,719.20 B. $1,092,876.40 C. $1,229,412.80 D. $1,288,542.64 Budgeting The Holiday Decor manufactures and distributes holiday wreaths. Each wreath requires 4 feet of material to produce. The company is now planning the raw materials it needs to produce its goods for the third quarter, the company in which their peak sales occur. To kecp production and sales moving smoothly, the company now has the following inventory requirements. 1. The finished goods inventory on hand at the end of each month must be cqual to 3,013 units of inventory plus 20% of next month's sales. That is what they have on hand at the end of June, 2. The raw materials inventory on hand at the end of each month must be equal to 50% of the following month's production needs for raw materials. That is what they have on hand at the end of June. 3. The company uses 2.2 direct labor hours to produce each unit. The company pays $14/ hour. 4. The sales budget for the final six months of the year is as follows: 19. How many units of ending finished goods inventory should the firm hold at the end of JUNE? A. 9,888 units B. 3,013 units C. 6,875 units D. 10,997 units 20. How many units of ending finished goods inventory should the firm hold at the end of JULY? A. 9,888 units B. 7,984 units C. 10,997 units D. 3,013 units