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Q16-3: The standard costs for a manufacturing business are $12 per unit for direct materials, $8 per unit for direct labor and $5 per unit
Q16-3: The standard costs for a manufacturing business are $12 per unit for direct materials, $8 per unit for direct labor and $5 per unit for manufacturing overhead. The sales projection is for 5,000 units, 3,500 units need to be in stock at the end of the period and 1,500 units are in stock at the beginning of the period. What will the production budget show in costs for that period?
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