Time left Walsh Corporation makes one product and has provided the following info :08:09 to help prepare the master budget for the next four months of operations: 92 Budgeted selling price per unit Budgeted unit sales (all on credit) July 9,000 August 11,300 September 10,400 October 10,800 Raw materials requirement per unit of output 4 pounds Raw materials cost $ 1.00 per pound Direct labor requirement per unit of outpt 2.8 direct labor-hours Direct labor wage rate 22.00 per direct labor-hour Variable selling and administrative expense $ 1.50 per unit sold Fixed selling and administrative expense $70,000 per month Credit sales are collected: 40% in the month of the sale 60% in the following month 9 Raw materials purchases are paid: 10. 30% in the month of purchase 70% in the following month 11. The ending finished goods inventory should equal 20 % of the following month's 12. SEP P Pinteresst n Dashboard lix nt Home ses in Linkealin A Hannah Wood $ 22.00 per direct labor- Time left 2:07:59 Direct labor wage rate Variable selling and administrative expense $ 1.50 per unit sold Fixed selling and administrative expense $ 70,000 per month Credit sales are collected: 40% in the month of the sale 60% in the following month Raw materials purchases are paid: 30% in the month of purchase 70% 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 30% of the following month's raw materials production needs. The budgeted required production for August is closest to: Select one: a. 11,120 units b. 15,640 units c. 13,380 units d. 11,300 units