Mercury Bag Company produces cases of grocery bags. The managers at Mercury are trying to develop budgets for the upcoming quarter. The following data have been gathered:

Projected sales in units		1,290	cases
Selling price per case	$	240
Inventory at the beginning of the quarter		150	cases
Target inventory at the end of the quarter		100	cases
Direct labor hours needed to produce one case		2	hours
Direct labor wages	$	10	per hour
Direct materials cost per case	$	8
Variable manufacturing overhead cost per case	$	6
Fixed overhead costs for the upcoming quarter	$	220,000

a.	Using the above information, develop Mercury's sales forecast in dollars and production schedule in units. (Amounts to be deducted should be indicated with a minus sign. Omit the "$" sign in your response.)

Sales forecast:
Budgeted sales (in cases)	$
Selling price per case
Budgeted sales (in dollars)	$
Production schedule:
Budgeted sales (cases)	$
Target ending inventory
Cases budgeted to be available for sale
Less: Beginning inventory
Planned production(cases)	$

b.	What is Mercury's budgeted variable manufacturing cost per case? (Omit the "$" sign in your response.)

Total variable cost per case

$

c.	Prepare Mercury's manufacturing cost budget. (Round your cost per unit answer to 2 decimal places. Omit the "$" sign in your response.)

Variable manufacturing costs:
(Click to select) Direct labor Manufacturing overhead Selling overhead Direct materials Variable overhead	$
(Click to select) Rent payable Common stock Direct labor Direct material Interest expense
(Click to select) Manufacturing overhead Rent payable Interest expense Variable overhead Interest payable
Total variable manufacturing costs	$
(Click to select) Direct material Add: Fixed manufacturing overhead Depreciation expenses Less: Fixed manufacturing overhead Salaries expense
Total cost of finished goods manufactured	$
(Click to select) Manufacturing cost per unit Interest expense Rent payable Contribution margin per unit Selling cost per unit	$

d.	What is the projected ending value of the Inventory account? (Round intermediate calculations to 2 decimal places and your final answer to the nearest dollar amount. Omit the "$" sign in your response.)

Ending inventory value

$