f. What is the estimated cost of raw materials purchases for November? g. If the cost of raw material purchases in October is $201,040, then in November what are the total estimated cash disbursements for raw materials purchases? h. What is the estimated accounts payable balance at the end of November? i. What is the estimated raw materials inventory balance at the end of November?

1) Mumbower Corporation makes one product and has provided the following information to help prepare the master budget for the next four months of operations: Budgeted selling price per unit $103 Budgeted unit sales (all on credit): October November 9,500 10,700 9,800 10,800 4 pounds December January Raw materials requirement per unit of output Raw materials cost Direct labor requirement per unit of output Direct labor wage rate $5.00 per pound 2.8 direct labor-hours $19.00 per direct labor- hour $1.60 per unit sold Variable selling and administrative expense Fixed selling and administrative expense $80,000 per month