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Sugar Co. has forecast sales for the next four months as follows: July 4.700 units, August 6,200 units, September 7700 units, and October 8,400 units.

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Sugar Co. has forecast sales for the next four months as follows: July 4.700 units, August 6,200 units, September 7700 units, and October 8,400 units. Sugar's policy is to have an ending inventory of 30% of the next month's sales needs on hand. July 1 inventory is projected to be 1,410 units. Manufacturing overhead is budgeted to be $17.900 plus $3 per unit produced. a. Prepare a production budget for Sugar for as many months as is possible. July August September October Sales Ending In Beginning In Production b. Prepare a manufacturing overhead budget for the three months July - September. Be sure to include a total for the quarter as well. July August September Total Variable Cost Fixed Cost Total Overhead

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