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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
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. a. Using the above information, develop Mercury's sales forecast in dollars and production schedule in units. b. What is Mercury's budgeted variable manufacturing cost per case? c. Prepare Mercury's manufacturing cost budget. d. What is the projected ending value of the Inventory account? Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Prepare Mercury's manufacturing cost budget. (Round your cost per unit answer to 2 decimal places.) Complete this question by entering your answers in the tabs below. What is the projected ending value of the Inventory account? (Round your intermediate calculations to 2 decimal places and final answer to the nearest dollar amount.)
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