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Assume that a company provided the following Information and assumptions from its master budget Sales budget: Unit sales in June, July, and August are 20.000,
Assume that a company provided the following Information and assumptions from its master budget Sales budget: Unit sales in June, July, and August are 20.000, 18,000, and 17.000, respectively. The selling price per unit is $80. All sales are on account 20% of sales are collected in the month of sale and 80% are collected in the next month, Production budget: The ending finished goods inventory is always 25% of next month's unit sales Direct.obot budget. The direct lobor hours required per unit is 1.50 hours. The direct labor cost per hour is $18. Manufacturing overhead budest. The variable overhead rate is $2.00 per direct lobor-hour. The total fixed manufacturing overhead is $70,000, which Includes $12,000 of depreciation What are the total budgeted cash disbursements for manufacturing overhead cost for July
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