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Larken has forecast sales for the next three months as follows: July 4,500 units, August 6,700 units, September 7.600 units. Larken's policy is to

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Larken has forecast sales for the next three months as follows: July 4,500 units, August 6,700 units, September 7.600 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 1,800 units. Monthly manufacturing overhead is budgeted to be $17,500 plus $9 per unit produced. What is budgeted manufacturing overhead for August? Multiple Choice $63,540 $62,540 $78.040 $81040

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