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5 points Penn Co. is planning to sell 1,050 boxes of laminate flooring, with production estimated at 940 boxes during the month. Each box of
5 points Penn Co. is planning to sell 1,050 boxes of laminate flooring, with production estimated at 940 boxes during the month. Each box of flooring requires 35 pounds of wood chips a rate of 125% of direct labor costs. Penn has 4,100 pounds of wood chips in beginning inventory and wants to have 5,100 pounds in ending inventory. What is the total amount to be budgeted for manufacturing overhead for the month? Round to the nearest whole dollar. 5 points At January 1, Butch Corp. has beginning inventory of 3,334 surfboards. Butch estimates it will sell 7,060 units during the first quarter of the year with a 25% increase in sales each quarter. Butch's policy is to maintain an ending inventory equal to 40% of the next quarter's sales. Each surfboard costs $126 and is sold for $204. How much is budgeted sales revenue for the fourth quarter of the year? Round answer to nearest whole dollar
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