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Manufacturing overhead is allocated at the rate of $22 per direct manufacturing labor-hour. Required: Based on the preceding projections and budget requirements for Accel Active
Manufacturing overhead is allocated at the rate of $22 per direct manufacturing labor-hour. Required: Based on the preceding projections and budget requirements for Accel Active and Accel Regular, prepare the following budgets for 2019:
- Revenues budget (in dollars)
- Production budget (in units)
- Direct materials purchases budget (in quantities)
- Direct materials purchases budget (in dollars)
- Direct manufacturing labor budget (in dollars)
- Direct manufacturing overhead budget (in dollars)
- Budgeted finished goods inventory at December 31, 2019 (in dollars)
- Cost of Goods Sold budget (in dollars)
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