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Pacific Company has forecast sales for the next three months as follows: July 4,500 units, August 6,500 units, and September 8,000 units. Pacific's ending finished
Pacific Company has forecast sales for the next three months as follows: July 4,500 units, August 6,500 units, and September 8,000 units. Pacific's ending finished goods inventory policy is 40% of the next month's sales. July 1 inventory is projected to be 2,000 units. Monthly costs are budgeted as follows:
Fixed manufacturing costs$ 22,000 Fixed selling costs15,000 Fixed administrative costs13,300 Variable manufacturing costs5per unit producedVariable selling costs3per unit soldWhat is the budgeted manufacturing overhead for August?
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