Required information [The following information applies to the questions displayed below) A company makes one product and has provided the following information to help prepare the master budget The budgeted selling price per unit is $60 Budgeted unit sales for January February March and April are 8,600, 17,000. 19,000, and 20,000 units, respectively. All sales are on credit Thirty percent of credit sales are collected in the month of the sale and 70% in the following month The ending finished goods inventory equals 25% of the following month's unit sales. 4. According to the production budget, calculate the number of units that should be produced in February Required production units Required information [The following information applies to the questions displayed below) A company provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results for April as shown below: Revenue Employee salaries and wages Travel expenses other expenses Fixed Actual Element Variable Element Total per Month per Customer Served for April $ 5.800 189,500 $ 54,000 $1,500 $ 105,900 $ 300 $ 25,600 $ 33,000 $ 31,700 When preparing its planning budget the company estimated that it would serve 30 customers per month, however, during April the company actually served 35 customers. 4. Calculate the company's revenue variance for Apnl (indicate the effect of each variance by selecting "P" for favorable, "U" for unfavorable, and "None" for no effect (le.. zero variance), Input all amounts os positive values.) Revenue variance A company provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results for April as shown below Revenue Employee salaries and wages Travel expenses Other expenses Fixed Actual Element Variable Element Total per Month per Customer served for April $ 5,800 $ 189,500 5 54,000 $1,500 $ 105,900 5 s 25,600 $ 33,000 $31,700 When preparing its planning budget the company estimated that it would serve 30 customers per month, however, during April the company actually served 35 customers. 5. Calculate the company's employee salaries and wages spending variance for April (Indicate the effect of each variance by selecting "F" for favorable. "U" for unfavorable, and "None" for no effect (ie, zero variance). Input all amounts as positive values.) Spending variance