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

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Bonkowaki 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 bodgeted unit sales (all on aredit) $ 97 0,000 12,000 13, 300 15,200 January FebruarY pr il Baw naterlale reuLrement per unit of outpat Baw naterials cost i pounds 1.00 per pound 2.5 dizeet labor-houre Direet labor requirement per unit of out pat Direet 1sber age rate Predetermised overhead rate tall varlable) 23.00 per direct labor-hour Varlable sellingnd adninisteative expense 3.10 per unit nold rised selling "ad-asiai " ..pen.. 70,000 per month Credit sales are colected 30% in the month of the sale 70% inthe following month Raw materials purchases are paid 30%inthe month of puchase O% in the following month The ending finished goods swernory should equal 30% ofthe tolong month's sales. The ending materials rventory should-10% of the lborg mens mw month's raw materials production needs The budgeted accounts receivable balance at the end of Febnuary is closest to $349 200 $814.800

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