Hello,

I need help with the following question.

1. S. Corp. is in the process of preparing its annual budget. The following beginning and ending finished goods inventory levels are planned for the year. Ignore work-in-process. Beginning Inventory Ending Inventory Finished goods (in units) 80,000 30,000 Raw material (in grams) 40,000 10,000 In addition, S. Corp. uses the following standard costs in its budget: Raw materials: 8 grams per unit, $0.10 per gram; Direct Labour: 0.3 hours per unit, $20 per hour; Manufacturing overhead: $200,000 + $7 per direct labour hour. a. If S. Corp plans to sell 640,000 units during the year, determine the number of it should manufacture during the year. b. Determine the raw material purchases budget. c. Determine the budgeted production cost per unit for the year (round to two decimal places)