> The budgeted selling price per unit is $83. Budgeted unit sales for January, February, March, and April are 7,100,8,300, 13,700, and 13,600 units, respectively. All sales are on credit. > Regarding credit sales, 20% are collected in the month of the sale and 80% in the following month. > The ending finished goods inventory equals 40% of the following month's sales. > The ending raw materials inventory equals 40% of the following month's raw materials production needs. Each unit of finished goods requires 3 pounds of raw materials. The raw materials cost $1.00 per pound. > Regarding raw materials purchases, 30% are paid for in the month of purchase and 70% in the following month. > The direct labor wage rate is $19.00 per hour. Each unit of finished goods requires 2.7 direct labor-hours. Required: b. What are the expected cash collections for February? Q be 99