1- what are the budgeted sales for July?

2- what are the expected cash collections for July?

3- what is the accounts recievable balance at the end of July?

4- according to ghe production budget, how many units should be produced in July?

5- if 111,000 pounds of raw materials are needed for August, hos many shoukd be pirchased for July what what is their estimated cost?

6- in July what are the totsl estimated cash disbursements for raw material purchases? assuming the cost if raw materials for June was $150,600 and $111,000 pounds of raw materials are needed for August

7- what is the total estimated direct labor cost for July?

8- what is the estimates selling and administrative expenses for July?

Morganton Company makes one product and it provided the following information to help prepare the master budget a. The budgeted selling price per unit is $60. Budgeted unit sales for June, July, August, and September are 8,900 , 20,000,22,000, and 23,000 units, respectively. All sales are on credit b. Forty percent of credit sales are collected in the month of the sale and 60% in the following month c. The ending finished goods inventory equals 20% of the following month's unit sales d. The ending raw materiais inventory equals 10% of the following month's raw materials production needs. Each unit of finished goods requires 5 pounds of raw materiais. The raw materials cost $2.50 per pound. c. Thity percent of raw materfals purchases are paid for in the month of purchase and 70% in the following month f. The direct labor wage rate is $13 per hour. Each unit of finished goods requires two direct labor-hours 9. The variable selling and administrative expense per unit sold is $150. The fixed selling and adiministrative expense per month is $70,000 Morganton Company makes one product and it provided the following information to help prepare the master budget a. The budgeted selling price per unit is $60. Budgeted unit sales for June, July, August, and September are 8,900 , 20,000,22,000, and 23,000 units, respectively. All sales are on credit b. Forty percent of credit sales are collected in the month of the sale and 60% in the following month c. The ending finished goods inventory equals 20% of the following month's unit sales d. The ending raw materiais inventory equals 10% of the following month's raw materials production needs. Each unit of finished goods requires 5 pounds of raw materiais. The raw materials cost $2.50 per pound. c. Thity percent of raw materfals purchases are paid for in the month of purchase and 70% in the following month f. The direct labor wage rate is $13 per hour. Each unit of finished goods requires two direct labor-hours 9. The variable selling and administrative expense per unit sold is $150. The fixed selling and adiministrative expense per month is $70,000