Sunflower 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 $1.60 per unit sold

Fixed selling and administrative expense $80,000 per month

Credit sales are collected:

40% in the month of the sale

60% in the following month

Raw materials purchases are paid:

40% in the month of purchase

60% in the following month

The ending finished goods inventory should equal 20% of the following month's sales.

The ending raw materials inventory should equal 40% of the following month's raw

materials production needs

Required (PLEASE BE SURE TO SHOW COMPUTATIONS FOR EACH PART SEPARATELY.

a. What are the budgeted sales for November?

b. What are the expected cash collections for November?

c. What is the budgeted accounts receivable balance at the end of November?

d. According to the production budget, how many units should be produced in November?

e. If 40,000 pounds of raw materials are needed for production in December, how many pounds of raw materials should be purchased in November?

f. What is the estimated cost of raw materials purchases for November?

g. If the cost of raw material purchases in October is $201,040, then in November what are the total estimated cash disbursements for raw materials purchases?

Production Budget
	October	November	December
Sales units	9500	10700	9800
Add : Desired Ending Inventory	2140	1960	2160
Total Goods Required	11640	12660	11960
Less : Beginning Inventory	1900	2140	1960
Production Required	9740	10520	10000
Direct Material Budget
	October	November	December
Production Required	9740	10520	10000
Raw Material Per unit	4	4	4
Raw Material for Production	38960	42080	40000
Add : Desired Ending Inventory	16832	16000
Total Material Required	55792	58080
Less : Beginning Inventory	15584	16832
Material to be purchased	40208	41248
Cost per Pound	$ 5.00	$ 5.00
Raw material purchase cost	$ 201,040	$ 206,240

NEED ANSWER FOR BELOW

h. What is the estimated accounts payable balance at the end of November?

i. What is the estimated raw materials inventory balance at the end of November?

j. What is the total estimated direct labor cost for November assuming the direct labor workforce is adjusted to match the hours required to produce the forecasted number of units produced?

k. For simplicity, we will assume that there is no fixed manufacturing overhead and that the variable manufacturing overhead is $7.00 per direct labor-hour. What is the estimated unit product cost?