| : 1 ? ?Unit 5 . chapter 7Asse d, Thread: Unrt 5 Assignment : v tpx? -0.8643966206401502 1523227112092 officeemail e Orders-Wee My00 ? Capital One iversityh/ Horne-BankMobile, b UltiPro M Gmail w Equitax portal A PowerRa R LinkedIn 10.00 points Required Information The folowing information applies to the questions displayed below. Morganton Company makes one product and It provided the following information to heip 11. If the company always uses an estimated predetermined plantwide overhead rate of 512 per direct labor-hour, what is the estimated unit product cost? (Round your answer to 2 decimal places.) prepare the master budget for its fhrst four months of operations a. The budgeted selling once per unit is $70. Budgeted unit sales for June, July. August,and September are 9,100. 22.000, 24,000 and 25,000 units, respecively All sales are on credit eBook & Resources b Forty percent of credit sales are collected in the month of the sale and 60% in the eBook Prepare a budgeted balance sheet following month. C. The ending finished goods inventory equals 20% or the following month's unit sales. d The ending raw materials inventory equals 10% of the following month's raw materials production needs Each unit of finished goods requires 4 pounds of row materials The raw materlais cost $2 50 per pound ect materials budoet including a schedule of expected cas 60 e. Forty percent of raw materials purchases are paid for in the month of purchase and in the following month direct labor wage rate is $12 per hour. Each unit of finished goods requires two direct iabor-hours. 1. The 9. The voriable selling and administrative expense per unt sold is $170. The tied seling and administrative expense per month is $61,000