Amount Descriptions Questions (Part A) Production Budget Instructions During July of the current year, the management of Genuine Spice Inc. asked the controller to prepare August manufacturing and income statement budgets. Demand was expected to be 1,500 cases at $100 per case for August. Inventory planning information is provided as follows: Finished Goods Inventory: Cases 300 175 Cost Estimated finished goods inventory, August 1 $12,000 Desired finished goods inventory, August 31 7,000 Cream Base Oils Bottles (ozs.) (bottles) (ozs.) 250 1,000 Estimated 290 600 360 240 5 more Check My Work uses remaining