Concord Company has credit sales of $528,000 in January. Past experience suggests that 40% is collected in the month of sale, 50% in the month following the sale, and 10% in the second month following the sale. Compute the cash collections from January sales in January. February, and March. Cash collections January $ February $ March \$ For Bramble Company, the budgeted cost for one unit of product is direct materials $12, direct labor $20, and manufacturing overhead 80% of direct labor cost. If 31,000 units are expected to be sold at $62 each, what is the budgeted gross profit? (Round answers to 2 decimal places, eg. 52.75.) Budgeted cost per unit Gross profit per unit Total budgeted gross profit $ Compute the budgeted merchandise purchases for June. WATERWAY STORES Merchandise Purchases Budget In May 2022, the budget committee of Waterway Stores assembles the following data in preparation of budgeted merchandise purchases for the month of June. 1. Expected saies: June $510,000, July $612,000, 2. Cost of goods sold is expected to be 75% of sales. 3. Desired ending merchandise inventory is 30% of the following (next) month's cost of goods sold. 4. The beginning irventory at June 1 will be the desired amount. (a) Compute the budgeted merchandise purchases for June. WATERWAY STORES Merchandise Purchases Budget