LUIT 23 5.5 pts Hesterman Corporation makes one product and has provided the following information to help prepare the master budget for the next four months of operations $ 118 Budgeted selling price per unit Budgeted unit sales (all on credit): April May June July 7,800 9,400 14,000 12.100 3pounds 3.00per pound Raw materials requirement per unit of output Raw materials cost $ Direct labor requirement per unit of output 2.8direct labor hours wounds 3.00per pound 2. Bdirect labor-hours w laterials cost $ Direct labor requirement per unit of output Direct labor wage $ rate Credit sales are collected: 40% in the month of the sale 60% in the following month 25.00 per direct labor hour The ending finished goods inventory should equal 40% of the following month's sales. The ending raw materials inventory should equal 20% of the following month's raw materials production needs. The budgeted required production for May is closest to: O 15.000 units O 9,400 units 18.760 units