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D Question 8 2 pts Big Watches Co. makes one product and it provided the following information to help prepare the master budget for its
D Question 8 2 pts Big Watches Co. makes one product and it provided the following information to help prepare the master budget for its first four months of operations: The budgeted selling price per unit is $86. Budgeted unit sales for September, October, November, and December are 17,000, 17,000, 17,000, and 17,000 units, respectively. All sales are on credit. 35% of credit sales are collected in the month of the sale and 65% in the following month. . The ending finished goods inventory equals 21% of the following month's unit sales. The ending raw materials inventory equals 22% of the following month's raw materials production needs. Each unit of finished goods requires 11 pounds of raw materials. The raw materials cost $13.00 per pound. 25% of raw materials purchases are paid for in the month of purchase and 75% in the following month. What are the budgeted sales for November? Round your answer to the nearest whole number
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