A company has the following annual budget data:Beginning finished goods inventory of 40000 unitsSales 70000...
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Accounting
A company has the following annual budget data:
Beginning finished goods inventory of 40000 units
Sales 70000 units
Ending Finished Goods Inventory 30000 units
Direct Materials $10 per unit
Direct Labor is $20 per unit
Variable factory overhead $5 per unit
Selling costs $2 per unit
Fixed factory overhead 80000
What are the total budgeted production costs for the year?
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