Foundational $15[$LO$8-2,$ LO$8-3,$ LO$8-4,$ LO$8-5,$ LO$8-7,$ LO$8-9,$ LO$8-10][$The following information applies to the questions displayed below.$]$Morganton Company makes one product and it provided the following information to help prepare the master budget:$1.$ The budgeted selling price per unit is $$60.$Budgeted unit sales for June, July, August, and September are $8,900,20,000,22,000,$ and $23,000$ units, respectively. All sales are on credit$\mathrm{.}2.$ Forty percent of credit sales are collected in the month of the sale and $60\%$ in the following month$\mathrm{.}3.$ The ending finished goods inventory equals $20\%$ of the following months unit sales$\mathrm{.}4.$ The ending raw materials inventory equals $10\%$ of the following months raw materials production needs. Each unit of finished goods requires $5$ pounds of raw materials. The raw materials cost $$2\mathrm{.}50$ per pound$\mathrm{.}5.$ Thirty percent of raw materials purchases are paid for in the month of purchase and $70\%$ in the following month$\mathrm{.}6.$ The direct labor wage rate is $$13$ per hour. Each unit of finished goods requires two direct labor$-$hours$\mathrm{.}7.$ The variable selling and administrative expense per unit sold is $$1\mathrm{.}50.$The fixed selling and administrative expense per month is $$70,000.$a$.$What are the budgeted sales for July?b$.$What are the expected cash collections for July?c$.$What is the accounts receivable balance at the end of July?d$.$According to the production budget, how many units should be produced in July?e$.5.$ If $111,000$ pounds of raw materials are needed to meet production in August, how many pounds of raw materials should be purchased in July?f$.$ If $111,000$ pounds of raw materials is needed to meet production in August, what is the estimated cost of raw materials should be purchased in July?g$.$ In July, what are the total estimate estimated cash disbursement for raw materials purchase? Assume that the cost of raw materials purchased in June is $$150600$ and $111,000$ pounds of raw materials are needed to meet production in august?h$.$If $111,000$ pounds of raw materials are needed to be production in August. What is the estimated accounts payable balance at the end of July?i$.$ If $111,000$ pounds of raw materials are needed to meet production in August what is the estimated raw materials in inventory balance at the end of July?j$.$ what is the total estimated direct labor cost of July?k$.$ if you assumed that there is no manufacturing overhead and the variable manufacture overhead is $$7$ per direct labor hour. What is the estimated unit product cost?l$.$ what is the estimated total selling in administrative expense for July?