Question 11 60 pts Mumbower Corporation makes one product and has provided the following information to help prepare the master budget for the next four months of operations: Budgeted selling price per unit $103 Budgeted unit sales (all on credit): October 9.500 November 10,700 December 9.800 January 10.800 Raw materials requirement per unit of output 4 pounds Raw materials cost $5.00 per pound Direct labor requirement per unit of output 2.8 direct labor hours Direct labor wage rate $19.00 per direct labor hour Variable selling and administrative expense $1,80 per unit sold Fixed selling and administrative expense $80,000 per month Credit salon a collected: 40% in the month of the sale 60% in the following month Raw materials purchases are paid: 40% in the month of purchase 80% in the following month The ending finished goods inventory should equal 20% of the following mont's sales. The ending mow materials inventory should equal 40% of the following month's raw materials production noode USE THE FOLLOWING FORMAT FOR YOUR ANSWERS: one million should be written as: 1,000,000 hundred dollars and fifty cents should be written as 100.50 Required: a. Water the budged to November? What the expected cathcotection for November c. W the budged accounts receivable balance at the end of November d. According to the production body, how many units thould be produced in November 40.000 pounds of tw material we needed for production in December, how many pendid should be purchased in November 1. What is the entimated cost of uw mato purchases for November? of the cost of raw material purchases October 201040, then in November where the total estate anh dinburtomers for tawar puchon n Whats the estimated accounts payable balance at the end of November? Was the estimated raw materials as teend of November non When the totalement coutor November nuring the direct or workorced tomato hours gured to produce the forced number of its produced Forumiony, we wil met een manufactura averad a true to marfacture ved a $7.00 per direct bou. What is the estimated in producto What is the estimated to see and experte for Norbert