Durbin 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 $110. Budgeted unit sales for January, February, March, and April are 7,500, 10,600, 12,000, and 11,700 units, respectively. All sales are on credit. . Regarding credit sales, 30% are collected in the month of the sale and 70% in the following month. The ending finished goods inventory equals 30% of the following month's sales. The ending raw materials inventory equals 10% of the following month's raw materials production needs. Each unit of finished goods requires 5 pounds of raw materials. The raw materials cost $4.00 per pound. The direct labor wage rate is $23.00 per hour. Each unit of finished goods requires 2.6 direct labor-hours. Manufacturing overhead is entirely variable and is $8.00 per direct labor-hour. The budgeted sales for February is closest to: $1,287,000 $1,320,000 $825,000 $1,166,000