AP-6A LO 7 Joe Barker is the production manager of Auto Parts Company (APC) and has been asked to prepare 2020's ending finished goods budget for the S222 product. Based on historical figures, Joe determines the following information regarding direct materials, direct labor and manufacturing overhead for the S222 product. Direct Materials Costs per Unit Direct Labor Cost per Direct Labor Hour (DLH) DLH per Unit Predetermined Manufacturing Overhead Rate $1.10 per unit $15 per DLH 0.25 DLH per unit $4 per DLH Assume APC targets 5,000 units of 5222 for ending inventory at the end of 2020. Calculate the value of S222 inventory that will be recorded in 2020's budgeted balance sheet.

Joe Barker is the production manager of Auto Parts Company (APC) and has been asked to prepare 2020 's ending finished goods budget for the S222 product. Based on historical figures, Joe determines the following information regarding direct materials, direct labor and manufacturing overhead for the 5222 product. Issume APC targets 5,000 units of S222 for ending inventory at the end of 2020 . Calculate the value of 222 inventory that will be recorded in 2020 's budgeted balance sheet