EA 5. LO 7.2 Sunrise Poles marnufactures hiking poles and is planning on producing 4,000 units in March and 3,700 in April. Each pole requires a half pound of moterial, which costs $1.20 per pound. The company's policy is to have enough material on hand to equal 10% of the next month's production noeds and to maintain a finished goods inventory equal to 25% of the next month's production needs. What is the budgetod cost of purchases for March? EA 6. LO 7.2 Given the following informatian from Rowdy Enterprises' direct materials budget, how much direct materisis needs to be purchased? EA 7. LO 7.2 Each unit requires direct labor of 2.2 hours. The labor rate is $11.50 per hour and next year's difect labor budget totals $834,900. How many units are included in the production budget for next year? EA 8. LO 7.2 How many units are estimated to be sold if Skyline, Inc., has a planned production of 900,000 units, a desired beginning inventory of 160,000 units, and a desired ending irventory of 100,000 unts? EA 9. LO 7.3 Cash collections for Wax On Caridles found that 60% of sales were collected in the month of the sale, 30\% was collected the month after the sale, and 10% was collected the second morth after the salo Given the sales shown, how much cash will be collocted in January and February