The budgeted selling price per unit is $103. Budgeted unit sales for April, May, June, and July are 9,800 units, 11,300 units, 9,300 units and 12,800 units, respectively. All sales are on credit. Regarding credit sales, 70% are collected in the month of the sale and 30% in the following month. The ending finished goods inventory equals 10% of the following month's sales. The ending raw materials inventory equals 20% of the following month's raw materials production needs. Raw material purchases needed for June are 19,300 pounds. Each unit of finished goods requires 2 pounds of raw materials. The raw materials cost $4.00 per pound. Total raw material purchases for April were $81,440. Regarding raw materials purchases, 60% are paid for in the month of purchase and 40% in the following month. The direct labor wage rate is $20.00 per hour. Each unit of finished goods requires 2.7 direct labor-hours. Required: a. What are the budgeted sales for May? b. What are the expected cash collections for May? c. What is the budgeted accounts receivable balance at the end of May? d. According to the production budget, how many units should be produced in May? e. How many pounds of raw materials should be purchased in May? f. What is the estimated cost of raw materials purchases for May? g. What are the total estimated cash disbursements for raw materials purchases? h. What is the estimated accounts payable balance at the end of May