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with ripe apples from local suppliers being in season, her company is ramping up production. The following expectations are in place for this last quarter

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with ripe apples from local suppliers being in season, her company is ramping up production. The following expectations are in place for this last quarter of the ye. Additional intormation: Budgeted selling price is $3 per unit. - Desired ending inventory of finished goods is 20% of next monthis sales - Desired ending inventory of apples is 25% of next month's production needs for October and Nowember, and 107 af next month's production needs for Derember - Desired ending inventory of spice mixis 200 of next montis production needs. Each finished unit requires 2 pounds of apples. Each finished unit requires Weup of spice mix Cont per pound of apples in 50.40 . Cost per cup of spice mixis sosa. Estimated production for Jaruary h 10,000 unith 3. On sephember 30 , the compawy beld eacthy its desired levels for both DM ienentory and fG inentory. Working in the production area of a manufacturing company is right where Leon feels at home. Several of his family members had worked in similar environments throughout their careers, and he loves the idea of building something that consumers will enjoy. While others on his team passed on the chance to build the budget, Leon really enjoys secing how the pieces fit together like a puzzle. His task this month: put the three key production budgets together, culminating in a COGS budget for his division. He gathers the following information in order to get to work. - Budgeted production in units for October is 1,800; for November, 1,600; and for December, 2,000. - Every unit requires 3 pounds of direct material. The company desires an ending direct materials inventory of 25% of the following month's production needs. October 1 DM Inventory is budgeted to be 70 pounds. - Every unit requires 1.20 DLhours. - MOH is allocated based on DL costs, at a budgeted variable rate of 50.25 per dollar of DL cost. - Budgeted monthly Fixed MOH costs are supervisors' salaries of $2,000, depreciation of $1,800 and property taxes and insurance of $900. - There is no budgeted beginning or ending WIP Inventary for October. - October 1 FG Inventory is budgeted to be 200 units at an estimated total cost of 57,000 (per management estimate). - BudgetedFG Inventory on October 31 is 180 units

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