Grace manufactures and sells miniature digital cameras for $160 each. 2,300 units were sold in May, and management forecasts 5% growth in unit sales each month. (a) Determine the number of units of camera sales for the month of June. (b) Determine the dollar amount of camera sales for the month of June. units (a) (b) Number of camera sales Amount of camera sales Zilly Co. predicts sales of $164,000 for June Zilly pays a sales manager a monthly salary of $5,200 and a commission of 7% of that month's sales dollars. Prepare a selling expense budget for the month of June. ZILLY CO. Selling Expense Budget For Month Ended June 30 Budgoted sales % X-Tel budgets sales of $84.000 for April $156,000 for May, and $90,000 for June. In addition, sales are 50% cash and 50% on credit. All credit sales are collected in the month following the sale. The April 1 balance in accounts receivable is $10,000. Prepare a schedule of budgeted cash receipts for April, May, and June. X-TEL Cash Receipts Budget For April, May, and June April May June Cash receipts from: $ 0 0 $ $ Total budgeted cash receipts 0 Required information Miami Solar manufactures solar panels for industrial use. The company budgets production of 4,000 units (solar panels) in July and 6,100 units in August. Each unit requires 4 hours of direct labor at a rate of $10 per hour Variable factory overhead is budgeted to be 60% of direct labor cost, and fixed factory overhead is $170,000 per month. Prepare a factory overhead budget for August. MIAMI SOLAR Factory Overhead Budget For Month Ended August 31 Total budgeted direct labor $ Variable overhead rate Budgeted variable overhead Budgeted fixed overhead Budgeted total overhead $ 24,000 6% 170,000 170,000