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The standard costs for a manufacturing business are $12 per unit for direct materials, $8 per unit for direct labor and $5 per unit for
The standard costs for a manufacturing business are $12 per unit for direct materials, $8 per unit for direct labor and $5 per unit for manufacturing overhead. The sales projection is for 5,000 units, 3,500 units need to be in stock at the end of the period, and 1,500 units are in stock at the beginning of the period. The production budget will show costs for that period of:
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