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Assume that a company provided the following information and assumptions from its master budget. Sales budget: Unit soles 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 soles 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 laber budget. The direct lobor-hours required per unit is 1.50 hours. The direct labor cost per hour is $18. Manufacturing overheed budget The variable overhead rate is $2.00 per direct labor-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? Multiple Choice $123.250 $127.250 511250 Multiple Choice O $123,250 $127,250 $111,250 O $135,250
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