$(1)$

Required information

Morgamon Compamy makes one product and in provided the following normation to hip prepare the master budigert $28000,30000,$ and $31000$ unts, respectively Al sales are an credit.

b$.$ Foity percert of credit seles are collected in the month of the sale and $60$ s in the following morth

c$.$ The endrg firished goods imernary equals $20N$ of the following manth's unit sales. finshed goods requies $4$ pounds of raw materials. The raw materials cost $$2\mathrm{.}50$ per pound

i$.$ The diect libar wege rate is $$15$ per hour Each unn of finstied goods requires two direct laber$-$bours. month is $$67,000.$ surchased in Jily?