1. The DL budget, S&A budget, unit cost and budgeted income statement: P.S. Corporation makes one product and it provided the following information to help prepare the master budget for the next four months of operations: The budgeted selling price per unit is $120. Budgeted unit sales for January, February, March, April and May are 4,200; 4,400; 5,000; 4,800; and 5,100 units, respectively. All sales are on credit Regarding credit sales, 20 % are collected in the month of the sale and 80 % in the following month The ending finished goods inventory equals 20 % of the following month's sales. The ending raw materials inventory equals 30 % of the following month's raw materials production needs. Each unit of finished goods requires 4 pounds of raw materials. The raw materials cost $3.00 per pound. Regarding raw materials purchases, 40 % are paid for in the month of purchase and 60 % in the following month. The direct labor wage rate is $15.00 per hour. Each unit of finished goods requires 1.5 direct labor- hours. Manufacturing overhead is entirely variable and is $6.00 per direct labor-hour The variable selling and administrative expense per unit sold is $4.60. The fixed selling and administrative expense per month is $13,000. What is the amount of units P.S. Corp. is required to produce in March? b. What is the estimated total cost of the direct materials (DM) that are needed to be purchased in March? What is the estimated total direct labor (DL) cost for March? d. What is the estimated unit product cost? What is the estimated selling and administrative expense for March? . f. What is the estimated net operating income (loss) for March