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During july of the current year,the management of natural Fragrance, Inc., asked the controller to prepare august manufacturing and income statement budgets. Demaind was expected to be 1,300 cases at $80 per case for August. Inventory information is provided as follows. During july of the current year,the management of natural Fragrance, Inc., asked the controller to prepare august manufacturing and income statement budgets. Demaind was expected to be 1,300 cases at $80 per case for August. Inventory information is provided as follows