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The questions below refer to modifications of that problem. The following four modifications are applicable to all questions: (i) the projected sales of Thingone and

The questions below refer to modifications of that problem. The following four modifications are applicable to all questions: (i) the projected sales of Thingone and Thingtwo are to be increased by 9,677 each (ii) the variable overhead rate is set at $5 per direct labor hour, (iii) the fixed manufacturing overhead is budgeted at $4,000,000 and the fixed manufacturing overhead rate is not fixed, but is set equal to the quotient of budgeted fixed overhead divided by budgeted direct labor hours, and (iv) the units in beginning and ending finished goods inventories are assumed to be valued at the current unit production costs.

The information above modifies the data below. I have no other information

What is the budgeted finished goods inventory at the end of December 31, 2020 (in dollars)?

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2020 Projected Sales 2020 Inventories in Units Amount Used per Unit Projected data for 2020 for direct materials are: Projected direct manufacturing labor requirements and rates for 2020 are: Manufacturing overhead is allocated at the rate of $24 per direct manufacturing labor-hour

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