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Rerun Manufacturing Company is in the process of preparing its 2020 budget and is anticipating the following changes 30% increase in the number of units

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Rerun Manufacturing Company is in the process of preparing its 2020 budget and is anticipating the following changes 30% increase in the number of units sold. 25% increase in the direct material unit cost. 20% increase in the direct labor cost per unit 12% increase in the manufacturing overhead cost per unit 20% increase in the sales price. 6% increase in the administrative expenses. Rerun does not keep any units in inventory The composition of the cost of finished products during 2019 for direct materials, direct labor, and factory overhead, respectively. was in he ratio of 32:1. The condensed income statement for 2019 is as follows: 507.000 dry Unts in inventory The composition of the cost of finished products during 2019 for direct materials, direct labor, and factory overhead respectively, we the ratio of 3:21. The condensed income statement for 2019 is as follows: $507,000 50,700 456,300 315,000 Sales (39,000 units) eturns Net Sales Cost of Goods Sold Gross Profit Selling Expenses Admin. Expenses Net Income $141,300 $ 69,000 39,000 108,000 $ 33,300 . What are estimated net sales for 2020, assuming the sales return/gross sales relationship remains constant? Multiple Choice 57828. O $955,500. O $661,200. O $659,100

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