4. The budgeted balance sheet (1pt): Harrti Corporation has budgeted for the following sales July August September October November December $ 445,000 $ 580,000 $ 615,000 $890,000 $ 730,000 $690,000 Sales are collected as follows: 10% in the month of sale: 60% in the month following the sale, and the remaining 30% in the second month following the sale In Harrti's budgeted balance sheet at December 31, what will be the accounts receivable balance shown? 5. Manufacturing OH budget (1pt): The manufacturing overhead budget at Eoshay Corporation is based on budgeted direct labor-hours. The direct labor budget indicates that 5,800 direct labor-hours will be required in May. The variable overhead rate is $9.10 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $104,400 per month, which includes depreciation of $8,120. All other fixed manufacturing overhead costs represent current cash flows. The company recomputes its predetermined overhead rate every month Calculate the predetermined overhead rate for May