Larken has forecast sales for the next three months as follows: July 4,300 units, August 6,700 units, September 8,100 units. Larken's policy is to have an ending inventory of 40% of the next month's sales needs on hand. July 1 inventory is projected to be 1,720 units. Monthly manufacturing overhead is budgeted to be $17,500 plus $10 per unit produced. What is budgeted manufacturing overhead for July? Multiple Choice $53,100 $75,600 $70,100 $55,600