Bonkowski Corporation makes one product and has provided the following information to help prepare the master budget for the next four months of operations: 972 Budgeted selling price per unite Budgeted unit sales (all on credit): January February Marche April 10,000 12,000 13,300 15,2002 Raw materials requirement per unit of output Raw materials coste 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" $ $ $ $ 4 pounds 1.00 per pounde 2.5 direct labor-hours 23.00 per direct labor-houree 9.00 per direct labor-hour 3.10 per unit solde 70,000 per month Itt 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 70% in the following month The ending finished goods inventory should equal 30% of the following month's sales. The ending raw materials inventory should equal 10% of the following month's raw materials production needs. The expected cash collections for February is closest to: Raw materials purchases are paid: 30% in the month of purchase 70% in the following month The ending finished goods inventory should equal 30% of the folle ending raw materials inventory should equal 10% of the following production needs. The expected cash collections for February is closest to: (2.08) A $1,028,200 B. $349,200 C. $679,000 D. $970,000 OH OB oc