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ABC Corporation makes one product and has provided the following information to help prepare the master budget for the next four months of operations:

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ABC Corporation 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 $85 Budgeted unit sales (all on credit) July 9,400 August 11,700 September 10,300 October 11,200 Raw materials requirement per und of output 2 pounds Raw materials cost $2.00 per pound Direct labor requirement per unit of output 21 direct labor hours Deect labor wage rate $25.00 per drect labor hour Credt sales me collected 30 in the month of the sale 31 in the following month

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