Botz Corporation makes one product and it provided the following information to help

prepare the master budget for the next four months of operations:

$$ The budgeted selling price per unit is $$94.$ Budgeted unit sales for April, May, June, and

July are $8,200,10,600,10,100,$ and $15,200$ units, respectively. All sales are on credit.

$$ Regarding credit sales, $40\%$ are collected in the month of the sale and $60\%$ in the

following month.

$$ The ending finished goods inventory equals $30\%$ of the following month's sales.

$$ The ending raw materials inventory equals $40\%$ of the following month$$s raw materials

production needs. Each unit of finished goods requires $2$ pounds of raw materials. The

raw materials cost $$1\mathrm{.}00$ per pound.

$$ Regarding raw materials purchases, $10\%$ are paid for in the month of purchase and $90\%$

in the following month.

$$ The direct labor wage rate is $$23\mathrm{.}00$ per hour. Each unit of finished goods requires $2\mathrm{.}4$

direct labor$-$hours.

a$.$ What are the budgeted sales for May?

b$.$ What are the expected cash collections for May?

c$.$ What is the budgeted accounts receivable balance at the end of May?

d$.$ According to the production budget, how many units should be produced in May?

e$.$ If $23,260$ pounds of raw materials are needed for production in June, how many pounds

of raw materials should be purchased in May?

f$.$ What is the estimated cost of raw materials purchases for May?

g$.$ If the cost of raw material purchases in April is $$19,064,$ then in May what are the total

estimated cash disbursements for raw materials purchases?

h$.$ What is the estimated accounts payable balance at the end of May?

i$.$ What is the estimated raw materials inventory balance at the end of May?

j$.$ What is the total estimated direct labor cost for May assuming the direct labor workforce

is adjusted to match the hours required to produce the forecasted number of units

produced?

k$.$ For simplicity, we will assume that there is no fixed manufacturing overhead and that the

variable manufacturing overhead is $$11\mathrm{.}00$ per direct labor$-$hour. What is the estimated

unit product cost?

l$.$ What is the estimated finished goods inventory balance at the end of May?