1) ABC company has the following information available to prepare their direct labor budget: Units to be produced January 1,250 February 2,000 March 3,500 Each unit requires 5 hours of direct labor. Direct labor workers are paid an average of $25 per hour. What is the total direct labor cost budgeted for the first quarter? Question 9 options: $437,500 $843,750 $168,750 $156,250

ABC company's sales are 30% cash, and 70% credit.

For credit sales the company collects 40% one month after the sale, 30% two months after the sale, and 20% three months after the sale. Budgeted total sales for the upcoming four months are as follows:

June budgeted sales	$200,000
July budgeted sales	$100,000
August budgeted sales	$250,000
September budgeted sales	$125,000

What is the budgeted amount of total collections that will be collected in September?

Question 10 options:

	$207,500
	$675,000
	$156,500
	$422,500