To prepare a master budget for April, May, and June, management gathers the following information

a$.$ Sales for March total $86,100$ units. Budgeted sales in units follow. April, $86,100$; May, $81,900$; June, $84,000$; and July, $86,100.$ The product's selling price is $$24\mathrm{.}00$ per unit and its total product cost is $$1985$ per unit

b$.$ Raw materials inventory consists solely of direct materials that cost $$20$ per pound. Company policy calls for a given month's ending materials inventory to equal $50\%$ of the next month's direct materials requirements. The March $31$ raw materials inventory is $20,685$ pounds. The budgeted June $30$ ending raw materials inventory is $16,800$ pounds. Each finished unit requires $0\mathrm{.}50$ pound of direct materials.

c$.$ Company policy calls for a given month's ending finished goods inventory to equal $80\%$ of the next month's budgeted unit sales. The March $31$ finished goods inventory is $68,880$ units.

d$.$ Each finished unit requires $0\mathrm{.}50$ hour of direct labor at a rate of $$15$ per hour.

e$.$ The predetermined variable overhead rate is $$270$ per direct labor hour Depreciation of $$84,000$ per month is the only fixed factory overhead item.

f$.$ Sales commissions of $8\%$ of sales are paid in the month of the sales. The sales manager's monthly salary is $$12,600.$

g$.$ Monthly general and administrative expenses include $$50,400$ for administrative salaries and $0\mathrm{.}9\%$ monthly interest on the longterm note payable.

h$.$ The company budgets $30\%$ of sales to be for cash and the remaining $70\%$ on credit. Credit sales are collected in full in the month following the sale $($no credit sales are collected in the month of sale$).$