COTB MC Qu. 8-104 (Static) Assume that a company provided the... Assume that a company provided the following information and assumptions from its master budget: Sales budget: Unit sales in June, July, and August ate 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 soles. Direct iaber budget The direct labor-hours required per unit is 1.50 hours. The direct labor cost per hour is $18. Manufacturing overhead budget: The variable overhead rate is $2.00 per direct labor-hour. The total flixed manufacturing overhead is $70,000, which includes $12,000 of depreclation. What is the total budgeted manulacturing overhead cost for July