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A short explanation is fine! Thank you in advance Rotanda Corp makes one product and has provided the following information to help prepare the master

A short explanation is fine! Thank you in advance

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Rotanda Corp makes one product and has provided the following information to help prepare the master budget for the next four months of operations: Budgeted selling price per unit 5105 Budgeted unit sales [all on credit): October 8,500 N ovem ber 10.700 December 8.300 January 9.300 Raw materials requirement per unit of output 4 pounds Raw materials cost $5.00 per pound Direct labor requirement per unit of output 2.8 direct labor-hou rs Direct labor wage rate $19.00 per direct la bo rihour Variable selling and administrative expense $1.60 per unit sold Fixed selling and administrative expense $30,000 per month Credit sales are collected: 40% in the month ofthe sale 60% in the following month Raw materials purchases are paid: 40% in the mo nth of purchase 60% in the following month The ending nished goods inventory should equal 20% of the following month's sales. The ending raw materials inventory should equal 40% of the following month's rawI materials production needs. Required: a. What are the budgeted sales for November? b. What are the expected cash collections for November? c. According to the production budget. how many units should be produced in November? d. If 36,000 pounds of raw materials are needed for production in DecemberI how many pounds of raw materials should be purchased in November

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