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Petrini Corporation makes one product and it provided the following information to help prepare the master budget for the next four month a. The budgeted selling price per unit is $110. Budgeted unit sales for January February March, and April are 7,500, 10,000, 12,000, and 11700 units, respectively. All sales are one b. Regarding credit sales, 30% are collected in the month of the sale and 70% in the following month. c. The ending finished goods inventory equals 30% of the following month's sales. The ending raw materials inventory equals 10% of the following months raw materials production needs. Each unit of finished goods requires 5 pounds of raw materials. The raw materials cost $400 per e. Regarding raw materials purchases, 40% are paid for in the month of purchase and 60% in the following month. The direct labor wage rate is $23.00 per hour. Each unit of finished goods requires 26 direct labor hours. 9. Manufacturing overhead is entirely variable and is $8.00 per direct labor-hour. The variable selling and administrative expense per unit sold is $170. The fixed selling and administrative expense per month is $70.000 the budgeted cost of raw materiais purchases in February is $222,180, then the budgeted accounts payable balance at the end of February is closest to Multiple Choice 5222180 O O O