Fosnight enterprises prepared the following sales budget: month budgeted sales march $ 7 comma 000 april $ 12 comma 000 may $ 14 comma 000 june $ 12 comma 000 the expected gross profit rate is 10% and the inventory at the end of february was $ 8 comma 000. desired inventory levels at the end of the month are 30% of the next month's cost of goods sold. what is the desired ending inventory on may 31?

Kubin company’s relevant range of production is 18,000 to 22,000 units. when it produces and sells 20,000 units, its average costs per unit are as follows: average cost per unit direct materials $ 7.00 direct labor $ 4.00 variable manufacturing overhead $ 1.50 fixed manufacturing overhead $ 5.00 fixed selling expense $ 3.50 fixed administrative expense $ 2.50 sales commissions $ 1.00 variable administrative expense $ 0.50 required: 1. for financial accounting purposes, what is the total amount of product costs incurred to make 20,000 units? 2. for financial accounting purposes, what is the total amount of period costs incurred to sell 20,000 units? 3. for financial accounting purposes, what is the total amount of product costs incurred to make 22,000 units? 4. for financial accounting purposes, what is the total amount of period costs incurred to sell 18,000 units?