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Mercury Bag Company produces cases of grocery bags. The managers at Mercury are trying to develop budgets for the upc quarter

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Answer #1

Budgeted Sales = 477600

Planned Production =1940 cases

Budgeted variable manufacturing cost - $34 per case

Cost Budget

Sales

477600

Cost

DM

15920

DL

39800

VC

11940

FOH

220000

Profit

189940

Ending value of Inventory = $ 24000

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