Check my work Part Required information (The following information applies to the questions displayed below) Morganton Company makes one product and it provided the following information to helorpro the master budget 1.25 D Pin a. The budgeted selling price per unit is $60. Budgeted unit sales for June July August, and September are 9.800 29.000, 31,000, and 32.000 units, respectively. All sales are on credit b. Thirty percent of credit soles are collected in the month of the sale and 70% in the following month c. The ending finished goods inventory equals 20% of the following month's unit soles d. The ending raw materials inventory equals 10% of the following month's raw materials production needs. Each unit of finished goods requires 4 pounds of raw materials. The raw materials cost $2.50 per pound. e. Thirty percent of raw materials purchases are paid for in the month of purchase and 70% in the following month 1. The direct inbor wage rate is $15 per hour. Each unit of finished goods requires two direct labor hours. The variable seling and administrative expense per unit sold is $180. The fixed selling and administrative expense per month is 563.000 Helene Required: 1. What are the budgeted sales for July! Budges Check my werk 2 Part 2 125 Required information The following information applies to the questions displayed below) Morganton Company makes one product and it provided the following information to help prepare the manter budget a The budgeted selling price per unit is $60. Budgeted una sales for June, wy, August and September we 9,800 29.000, 31000 and 32.000 units, respectively. All sales are on credit b. Thirty percent of credit sales are collected in the month of the sale and 70% in the following month The ending finished goods inventory equals 20% of the following month's units d. The ending raw materials inventory equals 10% of the following month's raw materials production needs Each unit of finished goods requires 4 pounds of raw materials. The raw materials cost $2.50 per pound Thirty percent of raw materials purchases are paid for in the month of purchase and 70% in the following month The direct labor wage rates 515 per hour Each unit of finished goods requires two director hours The variable selling and administrative expense per un sold is $180. The fred selling and administrative expense per monts is $68.000 3 What is the accounts receivable balance at the end of July Chapter 8 Homework HelSave Bisat Crack my work 3 Port 125 Required information The following information applies to the question played below) Morgampe Company makes one product and it provided the following information to help premate the master budget a. The budgeted selling price per unit 550 Budgeted unit sales for June July August and September 9,800, 20.000, 31,000 and 32.000 units, respectivelyA sales are on credit Thirty percent of credit sales are connected in the more of the sale and 20% in the following month The ending tinished goods inventory equals 20% of the flowing month's unt sales The ending raw materials inventory of the following month's raw materials productions that Mished goods recures 4 pounds of raw materia The raw materials cost 2.50 per pound e. Thirty percent of water purchases are paid for in the month of purchase and to in the flowing more The direct laborwage rates 515 per hour. Each unit of finished 2000 regreso direct laboru 9. The variableng and administrative expense per un sold is $13. The five sing and administrative expense per months SB DOO 5.124.800 pounds of raw materials are needed to meet production in August, how many pounds of raw materials should be purchased in Check my work 4 Part Required information The following information apples to the questions displayed below) Morganton Company makes one product and it provided the following information to help prepare the master budget 125 no a. The budgeted selling price per unit is $60. Budpeted unit sales for June July August, and September are 9,000. 29.000, 31,000, and 32,000 units, respectively. All sales are on credit D. Thiny percent of credin sales are collected in the month of the site and 70% in the following month, The onding finished goods inventory equals 20% of the following month's unt sales d. The ending raw materials inventory equals 10% of the following month's row materials production needs. Each unit of finished goods requires 4 pounds of raw materials. The raw materials cost $250 per pound Thirty percent of raw materials purchases are paid for in the month of purchase and 70% in the following month The direct labor wage rate is 15 per hour. Each unit of finished goods requires two director hours The variable soling and administrative expense per unit sold is $180. The fixed selling and administrative expense per month is $68.000 6 124.000 pounds ofriw materials are needed to meet production in August, what is the estimated cost of raw materias Durchases Sor July Cost of the Check my work 5 Parts Required information (The following information applies to the questions displayed below! Morganton Company makes one product and it provided the following information to help prepare the master budget. The budgeted seting price per units 560. Budgeted unt sales for June, Jay, August, and September are 9.800. 29.000 3.000 and 32.000 units, respectively. All sales are on credit b. Thirty percent of credit sales are collected in the month of the sale and 70% in the following month The ending finished goods inventory s 20% of the following month's Sales d. The ending wmaterials inventory cook of the following months to materials production needs. Each unit of finished goods requires 4 pounds of raw materials. The materials cost $2.50 per pound e. Thirty percent of raw materials purchases are paid for in the month of purchase and 70% in the following month The director wage rates $5 per hour Each unit of the goods requires two director hours g The variable selling and admite expense per un sold is 5180. The feed seting and administrave expense per mon is 568.000 124.800 pounds of materials are needed to meet production in August what is the estimated accounts payable balance at the ond of July