Each pie is considered a unit of finished good. Budgeted sales in units (pies) are as follows: October November December January 46,000 pies 58,000 pies 55,000 pies 34,000 pies February 12,000 pies Each pie sells for $12.00. The company's collection pattern is as follows: 90% of sales are collected in the month of sale 10% of sales are collected in the month following the sale The company desires to have very little finished goods inventory on hand in order to offer customers the freshest product possible. At the end of each month, ending inventory is 2% of the following month's budgeted sales in units. On September 30th, the company had 920 units on hand. Each pie requires one crust. The cost per crust and other ingredients used is $2.75. Paisley's desires to have ingredients on hand at the end of each month equal to 4% of the following month's production needs. On September 30th, the company had 1,850 crusts on hand. The company's payment pattern for raw materials is as follows: 85% of the month's ingredient purchases are paid for in the month of purchase 15% is paid for in the month following the purchase The process to make each pie requires 9 minutes (0.15 hours) of labor time and the hourly employees are currently being paid $16/hour. Wages are paid in the month incurred. Variable manufacturing overhead is $1.95 per pie. Fixed manufacturing overhead is $23,000 per month including $9,000 in depreciation that is not a current cash outflow. All cash disbursements for manufacturing overhead are paid in the month incurred.