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A company has the following annual budget data: Beginning finished goods inventory 50,000 units Sales...

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Accounting

A company has the following annual budget data:

Beginning finished goods inventory 50,000 units

Sales 80,000 units

Ending finished goods inventory 3,000 units

Direct materials $ 20 per unit

Direct labor $ 30 per unit

Variable factory overhead $ 15 per unit

Selling costs $ 12 per unit

Fixed factory overhead $ 90,000

What are total budgeted production costs for the year?

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