SALES PROJECTIONS Wilson Sports basketball sales in August were 150,000 units. Sales are expected to grow by 2% in September. October sales are expected to be 1,000 units less than in September. November sales will be 3% more than October. The selling price of the basketballs will remain the same $30 per unit. December sales projection is 157,000 units. INVENTORY POLICIES FINISHED GOODS MAINTAIN AND ENDING INVENTORY EQUAL TO 25% OF NEXT MONTH SALES ACTUAL BEGINNING INVENTORY 38,500 UNITS REQUIREMENTS Each basketball requires 15 minutes of labor at a rate of $12.00 per hour Fixed Overhead is $400,000 monthly and variable overhead is assigned as 130% of direct labor CALCULATE BUDGETED VARIABLE OVERHEAD FOR NOVEMBER