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Required information 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 100% a. The budgeted selling price per unit is $60 Budgeted unit sales for June, July, August, and September are 8,300, 14,000. 15,000, and 17.000 units, respectively. All sales are on credit b. Forty percent of credit sales are collected in the month of the sale and 60% in the following month The ending finished goods inventory equals 25% of the following month's unit sales. d. The ending raw materials inventory equals 10% of the following month's raw materials production needs. Each unit of finished goods requires 5 pounds of raw materials. The raw materials cost $200 per pound percent of raw materials purchases are paid for in the month of purchase and 60% in the following month 1. The direct labor wage rate is $15 per hour. Each unit of finished goods requires two direct labor hours. 9. The variable selling and administrative expense per unit sold is $1.50. The fixed selling and administrative expense per month is $64.000 Collapse e Forty 7. In July what are the total estimated cash disbursements for raw materials purchases? Assume the cost of raw material purchases in June is $102,025, and $81,250 pounds of raw materials are needed to meet production in August Total cash disbursements 10. What is the total estimated direct labor cost for July? Total direct labor cost

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