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Asgard Company makes one product, and has provided the following information to help prepare the master budget for its first four months of operations a. The budgeted selling price per unit is $70. Budgeted unit sales for June July August, and September are 8,800, 19,000, 21000, and 22.000 units, respectively. All sales are on credit b. Thirty percent of credit sales are collected in the month of the sale and 70% in the following month C. The ending finished goods inventory equals 20% of the following month's unit 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 kilograms of raw materials. The raw materials cost $2.10 per kilogram. e. Twenty five percent of raw materials purchases are paid for in the month of purchase and 75% in the following month, 1. The direct labour wage rate is $12 per hour. Each unit of finished goods requires two direct labour-hours. 9. The variable selling and administrative expense per unit sold is $2.00. The fixed selling and administrative expense per month is $69,000 10. What is the total estimated direct labour cost for July assuming the direct labour workforce is adjusted to match the hours required to produce the forecast number of units produced? Total direct labour cost Asgard Company makes one product, and has provided the following information to help prepare the master budget for its first four months of operations: a. The budgeted selling price per unit is $70. Budgeted unit sales for June July August and September are 8.800, 19,000, 21000, and 22,000 units, respectively. All sales are on credit . b. Thirty percent of credit sales are collected in the month of the sale and 70% in the following month c. The ending finished goods inventory equals 20% of the following month's unit 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 kilograms of raw materials. The raw materials cost $2.40 per kilogram e Twenty five percent of raw materials purchases are paid for in the month of purchase and 75% in the following month. The direct labour wage rate is $12 per hour. Each unit of finished goods requires two direct labour hours 9. The variable selling and administrative expense per unit sold is $2,00 The fixed selling and administrative expense per month is $69.000 11. If the company always uses an estimated predetermined plontwide overhead rate of $10 per direct labour hout, what is the estimated unit product cost? (Round your answer to 2 decimal places.) Unit product cost Asgard Company makes one product, and has provided the following information to help prepare the master budget for its first four months of operations a. The budgeted selling price per unit is $70. Budgeted unit sales for June July August, and September are 8.800. 19,000, 21.000, and 22,000 units, respectively. All sales are on credit. b. Thirty percent of credit sales are collected in the month of the sale and 70% in the following month, c. The ending finished goods inventory equals 20% of the following month's unit 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 kilograms of raw materials. The raw materials cost $2.40 per kilogram. e Twenty five percent of raw materials purchases are paid for in the month of purchase and 75% in the following month The direct labour wage rate is $12 per hour. Each unit of finished goods requires two direct labour hours. g. The variable selling and administrative expense per unit sold is $2.00. The fixed selling and administrative expense per month is $69.000 14. What is the estimated total selling and administrative expense for July? Total and administrativo coxposes