EA 12. LO 7.3 Desiccate purchases direct materials each month, Its payment history shows that 70% is paid in the month of purchase with the remaining balance pald the month after purchase. Prepare a cash payment schedule for March if in January through March, it purchased $35,000,$37,000, and $39,000, respectively. EA 13. LO 7.3 What is the amount of budgeted cash payments if purchases are budgeted for $420,000 and the beginning and ending balances of accounts payable are $95,000 and $92,000, respectively? EA 14. LO 7.3 Halfax Shoes has 30% of its sales in cash and the remainder on credit. Of the credit sales, 65% is collected in the month of sale, 25% is collected the month after the sale, and 5% is collected the second month after the sale. How much cash will be collected in August if sales are estimated as $75,000 in June, $65,000 in July, and $90,000 in August? EA 15. LO 7.4 Cold X, Inc. uses this information when preparing their flexible budget: direct materials of $2 per unit, direct labor of $3 per unit, and manufacturing overhead of $1 per unit. Fixed costs are $35,000. What would be the budgeted amounts for 20,000 and 25,000 units? EA 16. LO 7.4 Using the provided budgeted information for production of 10,000 and 15,000 units, prepare a flexible budget for 17,000 units. EA 17. 107.5 The production cost for a waterproof phone case is $7 per unit and fixed costs are $23,000 per month. How much is the favorable or unfavorable variance if 5,500 units were produced for a total of $61,000