Potrine Corporation make one product and it provided me following information to help prepare the master budget for the next four months of operation a The budgeted selling price per unit is $110 Budgeted unit sales for January February March, and Apri are 7,500,10600, 12.000 and 11,700 units respectively. As an oncret b. Regarding credit saloo, 30 are collected in the month of the sale and 70% in the following month The ending finished goods inventory equals 30% of the following month's sales d The ending raw materials inventory oqul 10% of the following month's raw materials production needs. Each unit of finished goods requires pounds of raw material. The raw materials com 14.00 pound e. Regarding raw materials purchase 40% are paid for in the month of purchase and 60% in the following month The direct labor wage rate is $23.00 per hour Each unit of finished goods requires 2.8 direct labor-hours Manufacturing overhead is entirely variable and is $8.00 per direct labor hour The variable selling and administrative expense per unit sold is $1.70. The food selling and administrative expense per month is 570.000 The estimated selling and administrative expense for February is closest to $55,680 ob. $80.020 $70,000 $18.020