A company budgeted unit sales of $136,000$ units for January, $2011$ and $160,000$ units for February, $2011.$ The company has a policy of having an inventory of units on hand at the end of each month equal to $30\%$ of next month's budgeted unit sales. If there were $40,800$ units of inventory on hand on December $31,2010,$ how many units should be produced in January, $2011$ in order for the company to meet its goals?

Flint Company estimates its credit sales at $$2,000,000$ for January, $2012.$ Past experience indicates the company will collect $70\%$ in the month of sale and $30\%$ in the subsequent month. December $2011$ credit sales were $$1,000,000$ and November $2011$ credit sales were $$1,500,000.$ Calculate the total cash collections from credit sales for the month of January.

Giles Company is preparing its direct labor budget for May. Projections for the month are that $16,700$ units are to be produced and that direct labor time is three hours per unit. If the labor cost per hour is $$12,$ what is the total budgeted direct labor cost for May?

Oakes Company produces a single product and is preparing its master budget for $2011.$ The company plans to sell this product at $$15$ per unit. Sales forecasts shows the following estimated level of sales activity, by quarter, for $2011$:

Quarter $1$ Unit Sales $500,000$

Quarter $2$ Unit Sales $600,000$

Quarter $3$ Unit Sales $525,000$

Quarter $4$ Unit Sales $800,000$

Prepare a sales budget for the first quarter of $2011$ for Oakes Company.