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Skybird Incorporated has forecast sales for the next three months as follows: July 4,000 units, August 6,000 units, and September 7,500 units. Skybird's ending finished
Skybird Incorporated has forecast sales for the next three months as follows: July 4,000 units, August 6,000 units, and September 7,500 units. Skybird's ending finished goods inventory policy is 40% of the next month's sales. July 1 inventory is projected to be 1,500 units. Monthly costs are budgeted as follows:
Fixed manufacturing costs | $ 17,000 | |
---|---|---|
Fixed selling costs | 10,000 | |
Fixed administrative costs | 8,300 | |
Variable manufacturing costs | 6 | per unit produced |
Variable selling costs | 3 | per unit sold |
What is the budgeted manufacturing overhead for July?
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