Bonkowski 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 Budgeted unit sales (all on credit): January February March April $ 97 10,000 12,000 13,300 15,200 Raw materials requirement per unit of output Raw materials cost Direct labor requirement per unit of output Direct labor wage rate Predetermined overhead rate (all variable) Variable selling and administrative expense Fixed selling and administrative expense Credit sales are collected: 30% in the month of the sale 70% in the following month Raw materials purchases are paid: 30% in the month of purchase 4 pounds $ 1.00 per pound 2.5 direct labor-hours $ 23.00 per direct labor-hour $ 9.00 per direct labor-hour $ 3.10 per unit sold $ 70,000 per month