Cranney Corporation makes one product, and it provided the following information to help prepare the master budget for the next four months of operations: 0 The budgeted selling price per unit is \$87. Budgeted unit sales for January, February, March, and April are 7,100,8,300, 13,700, and 13,600 units, respectively. All sales are on credit. Q Regarding credit sales, 20% are collected in the month of the sale and 80% in the following month. The ending finished goods inventory equals 40% of the following month's sales. D. The ending raw materials inventory equals 40% of the following month's raw materials production needs. Each unit of finished goods requires 5 pounds of raw materials. The nw materials cost $1.00 per pound. Q Reganding raw materials purchases, 30% are paid for in the month of purchase and 70% in the following month. 0. The direct labor wage rate is $19.00 per hour. Each unit of finished goods requires 2.7 direct labor-hours. Required: 2. What are the budgeted sales for February? b. What are the expected cash colloctions for February? c. According to the production budget, how many units should bo produced in February? d. If 68,300 pounds of rnw materials are needed for production in March, how many pounds of nuw materials should be purchased in February? c. What is tho estimated cost of raw materials purchases for Fobruary? C. If the cost of nw material purchases in January is 543,660 , then in Fobruary what are the cotimated cench disbursements for now materials purchases? 8. What is the total estimated direct labor cost for Fobruary assuming tho direet habor produced