Petrini 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 $110. Budgeted unit sales for January, February, March, and April are 7,500, 10,600, 12,000, and 11,700 units, respectively. All sales are on credit. 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 foliowing month's sales. d. The ending raw materials inventory equals 10% of the following month's raw materials production needs. Each unit of finished goods requires 5 pounds of raw materials. The raw materials cost 54.00 per pound. e. Regarding raw materials purchases, 40% are paid for in the month of purchase and 60% in the following month. t. The direct labor wage rate is $23.00 per hour. Each unit of finished goods requires 2.6 direct labor-hours. 9. Manufacturing overhead is entirely variable and is $8.00 per direct labor-hour. h. The variable selling and administrative expense per unit sold is $170. The fixed selling and administrative expense per month is $70,000. The estimated cost of poods sold for Fobruary is closest to: Multiple Choice 51,066,360 $220,490 Multiple Choice $1,066,360 $220.480 $930,680 $845,880 Bonkowsk Corporation makes one product and has provided the following information to help prepare the master budget for the next four months of operations: Credit sales are collected: 30% in the month of the sale 70% in the following month Raw materials purchases are paid: 30% in the month of purchase 70% in the following month The ending finished goods inventory should equal 30% of the following month's sales. The ending raw materials inventory should equal 10% of the following month's raw materials production needs. The budgeted required production for February is closest to: Multiple Choice 12,390 units 19,590 units 15,990 units 12,000 units Davis Corporation is preparing its Marufacturing Overhead Budget for the fourth quarter of the year. The budgeted variable manufacturing overhead rate is $170 per direct labor-hour, the budgeted foxed manufacturing overhead is $116,000 per month, of which $30,000 is factory depreciation. If the budgeted direct labor time for December is 4,000 hours, then the predetermined manufocturing overhead per direct labor-hour for Decenber would be: Muatiple Choice $920 53070 $23.20 $170 The Puyer Corporation makes and sells only one product called a Deb. The company is in the process of preparing its Selling and Administrative Expense Budget for next year. The following budget dats are avaliable: All of these expenses (except depreciation) are paid in cash in the month they are incurred If the budgeted cash disbursements for selling and administrative expenses for April total $195,500, then how marny Debs does the company plan to sell in Aprit? Mutiple Choice 14,400 units 8,000 units Multiple Cholce 14.400 units 8,000 units 10,200 units $8200 units