Table 1
Sales forecast is P120,000. The company wants an ending inventory of P5,000 to be maintained. Beginning inventory is P10,000.
Manufacturing cost per unit are broken down as below:
DM/unit	30
DL/unit	9
Manufacturing overhead per unit	11
Operating expenses per unit	35
Mark-up of 20% on total manufacturing cost

Determine the following:
1. cost of ending inventory
2. budgeted manufacturing cost?
3. Manufacturing Overhead per unit
4. Total direct materials
5. Total direct labor
6. Total overhead cost
7. Selling price per unit
8. Total operating expenses
9. Resulting profit/loss
10. Target selling price to earn at least 50,000

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