Cost of goods manufactured Oonly applies to a merchandising company like Target or Walmart. O would include period costs. O only includes product costs. O cannot be higher than cost of goods sold. The Doyle Company buys microphones for $75 and sells them for $125 each; the company has the following sales forecast: October 240 units November 190 units December 320 units Ending inventory for each month should be 10% of the next month's sales. The company had 38 units of inventory and $136,000 in cash on October 1st. The company has rent of $2,500 and fixed payroll of $6,200 each month. For November, what dollar amount of ending inventory would appear in the company's budgets