Luchin Copporavon makes one product and it provided the following information so help prepare the master budget for the next four months of cperabons: credin.

b$.$ Regarding credi sales. $40x$ are collected in the month of the sale and $605$ in the followng month.

c$.$ The ending intshed goods inwentory equals $10\%$ of the following month's sales.

d$.$ The ending raw matenials inventory equals $30\%$ or the following month's raw moterials production needs. Each unit of finlshed goods requires $5$ pounds of raw materials. The raw matenals cost $55\mathrm{.}00$ per pound.

e$.$ Riegarding raw materials purchases, $40\%$ are pald for in the month of purchase and $60\%$ in the following month.

t$.$ The drect labor wage rate is $$18\mathrm{.}00$ per hout. Each unlt of fintshed goads requires $29$ direct labor hours.

g$.$ Variabie manufocturing averhead is $$7,00$ per direct labor$-$hour. Fixed manufacturing overthead is zero.

The budgeted accounts recelvabie balance at the end of May is closest to:

Multiple Croice

$$747,000$