5. Communion Corp. plans to sell their juice glasses at $60 per unit. This product sells best during March. As a result, its peak sales occur in the rst quarter of each year. Expected sales for the rst four months of 2020 are: Budgeted Sales units: January 3,500 units February 6,400 units March 1,200 units April 3,000 units Total 14,100 units In addition, expected sales in May are 5,000 units. Communion Corp. expects that it will meet all future sale requirements by maintaining an ending inventory equal to 20% of the month's budgeted sales volume. The labour budget assumes that two hours of direct labour are necessary to produce each unit of nished goods and the hourly wage rate is $10. Past experience shows that the company collects 60% of a month's sales in the month of sale and 40% is collected in the following month. Accounts receivable of $60,000 at the end of December 2019 and are expected to be collected in full in January 2020. Bad debts are negligible and can be ignored