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F. Ending Finished Goods Inventory Budget Problem 1...Using the given information, calculate and complete the ending finished goods inventory budget for the year 2022. Round
F. Ending Finished Goods Inventory Budget Problem 1...Using the given information, calculate and complete the ending finished goods inventory budget for the year 2022. Round calculations to the nearest penny. The Mugs Unlimited Corporation sells custom designed coffee mugs. They are preparing for the 2022 production year and creating budgets based on the information from the appropriate departments. Sales budgets and schedules of cash collections are complete, as is the production budget, direct materials budget, direct labor budget, and manufacturing overhead budget. With the information below, complete the ending finished goods inventory budget for 2022. Ending Finished Goods Inventory Budget For the year ended December 31, 2022 Production Cost Per Unit Direct Materials Direct Labor Manufacturing Overhead Unit Product Cost Budgeted finished goods inventory (units) Ending finished goods inventory (units) Unit product cost Ending finished goods inventory (dollars) Quantity Cost Total
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