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A company has the following annual budget data: Beginning finished goods inventory Sales Ending finished goods inventory Direct materials Direct labor Variable factory overhead

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A company has the following annual budget data: Beginning finished goods inventory Sales Ending finished goods inventory Direct materials Direct labor Variable factory overhead Selling costs Fixed factory overhead 60,000 units 90,000 units 50,000 units 15 per unit 25 per unit 4 per unit 2 per unit $100,000 What are total budgeted production costs for the year? (CIA adapted)

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