11. Theingi M&T expects 1,100 units to be sold during the month of August 2020, Selling price is expected to be $240 per unit. Two pounds of direct materials are budgeted per unit at a cost of $2.00 per pound, $4.00 per unit. Three direct labor-hours are budgeted per unit at $7.00 per hour, $21.00 per unit Variable overhead is budgeted at $8.00 per direct labor-hour, $24.00 per unit Fixed overhead is budgeted at $5,400 per month. Variable non manufacturing costs are expected to be $0.14 per revenue dollar. Fixed nonmanufacturing costs are $7,800 per month. a) How much are budgeted revenues for the month? b) Assume that target ending finished goods inventory is 80 units. Beginning finished goods inventory is 100 units. How many units need to be produced? C) Each finished unit requires 2 pounds of direct materials at a cost of $2.00 per pound. How much direct materials be needed to produce in August? d) Desired ending direct material inventory equals 15% of the materials required to produce next month's sales. September sales are forecasted to be 1,600 units. What is the ending direct material inventory in August? (Each finished unit requires 2 pounds of direct materials). e) What is the beginning inventory in August