2 of 5 Required information The following information applies to the questions displayed below) Morganton Company makes one product, and has provided the following information to help prepare the master baget for its first four months of operations pod The budgeted selling price per unit is $65 Budgeted unit sales for June July August, and September are 8.400 15,000, 17,000, and 18.000 units, respectively. All sales are on cred D. Thirty percent of credit sales are collected in the month of the sale and 70% in the following month The ending finished goods inventory equals 30% of the following month's unitats d. The ending raw materials inventory equals 20% of the following month's raw materiais production needs. Each unt of Thished goods requires 5 kilograms of raw materials. The raw materials cost $250 per kilogram e. Thirty percent of raw materiais purchases are paid for in the month of purchase and 70% in the following month The direct labour wage rates $12 per hour. Eachunk of finished goods requires two direct labour-hours 9 The variable selling and administrative expense per unit sold is $160. The feed seting and administrative expense per month is $55.000 o 2. What are the expected cash collections for Jurye Total cash coletons 4. According to the production budget, how many units should be produced in July? Required production units month is $65.000 YUMRUQUve expense per es 10. What is the total estimated direct labour cost for July assuming the direct labour workforce is adjusted to match the hours required to produce the forecast number of units produced? Total direct labour cost es 14. What is the estimated total selling and administrative expense for July? Total selling and administrative expenses References 4. According to the production budget, how many units should be produced in July Required production units