unit sales for june and july are 10,100 and 15,200

Hennagir Corporation makes one product and it provided the following information to help prepare the master buc operations: > The budgeted selling price per unit is $94. Budgeted unit sales for April, May, June, and July are 8,000, 8,900, 10,1 credit. > Regarding credit sales, 40% are collected in the month of the sale and 60% in the following month. > The ending finished goods inventory equals 30% of the following month's sales. > The ending raw materials inventory equals 40% of the following month's raw materials production needs. Each unit raw materials cost $1.00 per pound. > Regarding raw materials purchases, 10% are paid for in the month of purchase and 90% in the following month > The direct labor wage rate is $23.00 per hour. Each unit of finished goods requires 2.4 direct labor-hours. Required: a. According to the production budget, how many units should be produced in May? b. If 23,260 pounds of raw materials are needed for production in June, how many pounds of raw materials should be May? c. What is the estimated cost of raw materials purchases for May? Hennagir Corporation makes one product and it provided the following information to help prepare the master buc operations: > The budgeted selling price per unit is $94. Budgeted unit sales for April, May, June, and July are 8,000, 8,900, 10,1 credit. > Regarding credit sales, 40% are collected in the month of the sale and 60% in the following month. > The ending finished goods inventory equals 30% of the following month's sales. > The ending raw materials inventory equals 40% of the following month's raw materials production needs. Each unit raw materials cost $1.00 per pound. > Regarding raw materials purchases, 10% are paid for in the month of purchase and 90% in the following month > The direct labor wage rate is $23.00 per hour. Each unit of finished goods requires 2.4 direct labor-hours. Required: a. According to the production budget, how many units should be produced in May? b. If 23,260 pounds of raw materials are needed for production in June, how many pounds of raw materials should be May? c. What is the estimated cost of raw materials purchases for May