Help Save & Exi om/ext/map/index.html?_con=contexternal browser=08 launchuri=https Swed iz Check Morganton Company makes one product and it provided the following information to help prepare the master budget 3. The budgeted selling price per unit is 565. Budgeted unit sales for June, July, August, and September are 8.400, 15000, 17000 and 18,000 units, respectively. All sales are on credit. d. Thirty percent of credit sales are collected in the month of the sale and 70% in the following month. c. The ending finished goods inventory equals 30% of the following month's unit sales. a. The ending raw materials inventory equals 20% of the following month's raw materials production needs. Each un of finished goods requires 5 pounds of raw materials. The raw materials cost $250 per pound. e. Thirty percent of raw materials purchases are paid for in the month of purchase and 70% in the following month t. The direct labor wage rate is $12 per hour Each unit of finished goods requires two direct labor-hours. 3. The variable selling and administrative expense per unit sold is $160. The foxed selling and administrative expense et month is $65.000 Foundational 81 Required the budgeted sales for July Help Save & Exi om/ext/map/index.html?_con=contexternal browser=08 launchuri=https Swed iz Check Morganton Company makes one product and it provided the following information to help prepare the master budget 3. The budgeted selling price per unit is 565. Budgeted unit sales for June, July, August, and September are 8.400, 15000, 17000 and 18,000 units, respectively. All sales are on credit. d. Thirty percent of credit sales are collected in the month of the sale and 70% in the following month. c. The ending finished goods inventory equals 30% of the following month's unit sales. a. The ending raw materials inventory equals 20% of the following month's raw materials production needs. Each un of finished goods requires 5 pounds of raw materials. The raw materials cost $250 per pound. e. Thirty percent of raw materials purchases are paid for in the month of purchase and 70% in the following month t. The direct labor wage rate is $12 per hour Each unit of finished goods requires two direct labor-hours. 3. The variable selling and administrative expense per unit sold is $160. The foxed selling and administrative expense et month is $65.000 Foundational 81 Required the budgeted sales for July