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Rokosz Corporation makes one product and it provided the following information to help prepare the master budget for the next four months of operations: a. The budgeted selling price per unit is $104. Budgeted unit sales for October, November, December, and January are 6,900, 7,100, 11,300, and 15,300 units, respectively. All sales are on credit.
B.Regarding credit sales, 30% are collected in the month of the sale and 70% in the following month.
C.The ending finished goods inventory equals 20% of the following month's sales.
D.The ending raw materials inventory equals 30% of the following month's raw materials production needs. Each unit of finished goods requires 5 pounds of raw materials. The raw materials cost $2.00 per pound.
E. The direct labor wage rate is $23.00 per hour. Each unit of finished goods requires 2.5 direct labor-hours.
The budgeted required production for November is closest to:
Axon
A long, slender projection of a neuron that typically conducts electrical impulses away from the neuron's cell body.
Firing
In the context of neural activity, it refers to the action of a neuron when it sends an electrical signal down its axon to communicate with other neurons.
Action Potential
A rapid, temporary change in a cell's electrical charge that facilitates the transmission of signals in neurons.
Serotonin
A neurotransmitter involved in many functions including mood regulation, digestion, and sleep.
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