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The City by the Bay Chocolate Company makes world-class chocolate. They are preparing their Finished Goods Inventory Budget for next year. Each box of chocolate

The City by the Bay Chocolate Company makes world-class chocolate. They are preparing their Finished Goods Inventory Budget for next year. Each box of chocolate they make has the following costs: Direct materials are $3.75 per box, Direct Labor costs $5.25 per box, and Manufacturing Overhead is allocated at $2.00 per box. If City by the Bay wants to have $55,000 worth of inventory left at the end of next year, how many boxes of chocolate would be in their warehouse at the end of next year? 4,750 5,000 6,000 5,500

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