KuoKuts makes one product and it provided the following information to help prepare the master budget for its first four months of operations: The budgeted selling price per unit is $67. Budgeted unit sales for May, June, July, and August are 8,000, 11,000, 14,000, and 13,000 units, respectively. All sales are on credit. 35% of credit sales are collected in the month of the sale and 65% in the following month. The ending finished goods inventory equals 30% of the following months unit sales. The ending raw materials inventory equals 24% of the following months raw materials production needs. Each unit of finished goods requires 6 pounds of raw materials. The raw materials cost $6.00 per pound. 25% of