4 Wa is thec aojected balance in inventory on December 31, 2016? S What are badgetnd pairchases 6. Whot is the projected balance in accounts payable on December 31, 2016? (CMA Adapted 10-50 comprehensive Profit Plan for December? Spring Manufacturing Company makes two componen [L0 104 C12 and DS7. Selected budgetary data for 2016 follow: Finished Components C12 LO 10 Requirements for each finished component: RM 1 RM 2 RM 3 Direct labor 10 pounds8pounds 4 pounds 2 pounds1 pound 2 hours3 hours Product information: Sales price Sales (units) Estimated beginning inventory (units Desired ending inventory (units) $150 12,000 400 300