Larken has forecast sales for the next three months as follows: July 4,800 units, August 6,300 units, September 8,300 units. Larkens 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 1,920 units. Monthly manufacturing overhead is budgeted to be $17,600 plus $6 per unit produced. What is budgeted manufacturing overhead for July?

Multiple Choice

• $33,000

• $55,500

• $50,000

• $35,500