ABC company has budgeted $100,000 of sales for January. Sales are 80% cash and 20% on credit. Credit sales are collected 100% in the month following the sale A/R at Dec 31 = $15,000 What were the December credit sales? Select one: $0 none of the answers is correct $15,000 $100,000 ABC plans to produce 5000 units in January. Each unit requires 45 minutes of direct labour time to manufacture. The direct labour hourly rate is $11. Compute the amount of direct labour cost ABC should budget for in January. Important Round your answer to two decimal places. Do not use $ signs, commas, or words. For example: enter "1234.00" and not "$1,245.00 per hour"