Required information The Foundational 15 (AlgO) [LO8-2, LO8-3, LO8-4, LO8-5, LO8-7, LO8-9, LO8-10] 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 $60. Budgeted unit sales for June, July. August, and September are 9,800 . 29,000,31,000, and 32,000 units, respectively. All sales are on credit. b. Thinty 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 4 pounds of raw materials. The raw materials cost $2.50 per pound. e. Thity percent of raw materials purchases are paid for in the month of purchase and 70% in the following month. 1. The direct labor wage rate is $15 per hour. Each unit of finished goods requires two direct labor-hours. 9. The variable selling and administrative expense per unit sold is $1.80. The fixed selling and administrative expense per month is $68.000. Foundational 8-1 (Algo) Required: 1. What are the budgeted sales for July