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

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Bonkowski Corporation makes one product and has provided the following information to help prepare the master budget for the next four months of operations: Credit sales are collected: 30% in the month of the sale 70% in the following month Raw materials purchiases 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 estimated unit product cost is closest to: The ending finished goods inventory should equal 30% of the following month's saies: The ending raw materials imventory should equal fos of the following month's raw materials production needs. The estimated unit product cost is closest to: Multiple Choice $70.50 $2250 $84.00 $6150

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