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10 education.com/ext/mandex.comconceal brow0aunches 253A%252F%252Fboo Operational budgeting Required information (The following information apples to the questions displayed below) Morganton Company makes one product and it provided

image text in transcribed 10 education.com/ext/mandex.comconceal brow0aunches 253A%252F%252Fboo Operational budgeting Required information (The following information apples to the questions displayed below) Morganton Company makes one product and it provided the following information to help prepare the master budget The budgeted selling price per unit is $70. Budgeted unt sales for June, July August, and September 8.400 10.000, 12,000, and 13.000 units, respectively. All sales are on credit b. Forty percem 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 mond's unit sales d. The ending raw materials inventory equals 10% of the following moed's raw materials production needs. Each unit of finished goods requires 5 pounds of now materials. The raw materials cost $2.00 per pound Thirty percent of row materials purchases are paid for in the month of purchase and 70% in the following month The direct labor wage rate is $15 per hour Each unit of finished goods requires two direct labor hours g. The vatable selling and administrative expense per unt sold is $1.80 The and selling and administrative exper month is $60.000 Required 1. What are the budgeted sales for 41 Score answer > ety A 4 9 1 T L Th 19 2 3 4 5 6 7 B 9 0 W E R T Y D 1 0 LL. G H J K L

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