duce If so, what can be done about? no more than connect DATIONAL 15 JACCOUNTING -3, -5, -9, a. Available with McGraw-Hill's Connect Accounting. Morganton Company makes one product and it provided the following information to master budget for its first four months of operations: The budgeted selling price per unit is $70. Budgeted unit sales for June July Auge are 8,400, 10,000, 12,000, and 13,000 units, respectively. All sales are on credit b. Forty percent of credit sales are collected in the month of the sale and 60% in the The ending finished goods inventory equals 20% of the following month's una d. The ending raw materials inventory equals 10% of the following month's raw needs. Each unit of finished goods requires 5 pounds of raw materials. The $2.00 per pound Thirty percent of raw materials purchases are paid for in the month of purch following month. f. The direct labor wage rate is $15 per hour . Each unit of finished goods requires ta g. The variable selling and administrative expense per unit sold is $1.80. T administrative expense per month is $60,000. c. e.