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Required information [ The following information applies to the questions displayed below. ] Morganton Company makes one product and it provided the following information to
Required information
The following information applies to the questions displayed below.
Morganton Company makes one product and it provided the following information to help prepare the master budget:
a The budgeted selling price per unit is $ Budgeted unit sales for June, July. August, and September are and units, respectively. All sales are on credit.
b Forty percent of credit sales are collected in the month of the sale and in the following month.
c The ending finished goods inventory equals of the following month's unit sales.
d The ending raw materials inventory equals of the raw materials cost $ per pound. finished goods requires pounds of rawes are paid for in the month of purchase and requires two direct laborhours.
f The direct labor wage rate is $ per hour. Each unit on init sold is $ The fixed selling and adminse per
g The variable selling month is $
A According to the production budget, how many units should be produced in July?
Requined pioduction
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