Hey...Question 11 is on the pic not the same in the book..managerial accounting 16th edition book. thank you!

Use the information following to answer questions 1 through 15. a. The budgeted selling price per unit is $71.00. The budgeted unit sales are 8,400, 9,400, 12,000, and 13,000 for June, July, August, and September respectively. All sales are on credit. b. B through g are the same as in the text. c. Question 11 has been changed to read: if we assume that fixed manufacturing overhead is $19,840, and the variable manufacturing overhead is $10.00 per direct labor hour what is the July estimated unit product cost? The relevant range of production is 5,000 to 15,000 units. LUO-10 arty percent of credit sales are collected in the month of the sale and 60% in the following W u, W 15,000 units, respectively. All sales are on credit. month. The ending finished goods inventory equals 20% of the following month's unit sales. The ending raw materials inventory equals 10% of the following month's raw materials pro- duction needs. Each unit of finished goods requires 5 pounds of raw materials. The raw mate rials cost $2.00 per pound. c Thirty percent of raw materials purchases are paid for in the month of purchase and 70% in the following month. | The direct labor wage rate is $15 per hour. Each unit of finished goods requires two direct labor-hours. 2. The variable selling and administrative expense per unit sold is $1.80. The fixed selling and administrative expense per month is $60,000. Required: 1. What are the budgeted sales for July? 2. What are the expected cash collections for July? 3. What is the accounts receivable balance at the end of July? 4. According to the production budget, how many units should be produced in July? 01,000 pounds of raw materials are needed to meet production in August, how many pounds of raw materials should be purchased in July? What is the estimated cost of raw materials purchases for July? July what are the total estimated cash disbursements for raw materials purchases? Assume the cost of raw material purchases in June is $88,880. the estimated accounts payable balance at the end of July? hat is the estimated raw materials inventory balance at the end of July? What is the total estimated direct labor cost for July assuming the direct labor workforce is justed to match the hours required to produce the forecasted number of units produced 8. What is the estimated 10. What is the toll Chapter 8 11. If we assume that there is no fixed manufacturing overhead and the variable manufacturing overhead is $10 per direct labor-hour, what is the estimated unit product cost? 12. What is the estimated finished goods inventory balance at the end of July? 13. What is the estimated cost of goods sold and gross margin for July? 14. What is the estimated total selling and administrative expense for July? 15. What is the estimated net operating income for July? connect