Luchini Corporation makes one product and it provided the following information to help prepare the master budget for the next four months of operations:

a$.$ The budgeted selling price per unit is $$111.$ Budgeted unit sales for April, May, June, and July are $7,100,10,100,13,300,$ and $14,000$ units, respectively. All sales are on credit.

b$.$ Regarding credit sales, $40\%$ are collected in the month of the sale and $60\%$ in the following month.

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

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

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

f$.$ The direct labor wage rate is $$18\mathrm{.}00$ per hour. Each unit of finished goods requires $2\mathrm{.}9$ direct labor$-$hours.

g$.$ Variable manufacturing overhead is $$7\mathrm{.}00$ per direct labor$-$hour. Fixed manufacturing overhead is zero.