Hockey Pro budgets 320 hours of direct labor during May. The company applies variable overhead at the rate of $18 per direct labor hour. Budgeted fixed overhead equals $46.000 per month. Prepare a factory overhead budget for May. Zilly Co, budgets sales of $400,000 for June. Zilly pays a sales manager a monthly salary of $6,000 and a commission of 8% of that month's sales dollars. Prepare a selling expense budget for June. X-Tel budgets sales of $60,000 for April, $100,000 for May, and $80,000 for June. Sales commissions are 10% of sales dollars and the company pays a sales manager a salary of $6,000 per month. Sales commissions and salaries are paid in the month incurred. Prepare a selling expense budget for April. May, and June. Liza's budgets sales of $40,000 for May and $52,000 for June. Assume 60% of Liza's sales are for cash. The remaining 40% are credit sales; credit customers pay the entire amount owed in the month following the sale. Prepare the schedule of cash receipts from sales for June. X-Tel budgets sales of $60,000 for April, $100,000 for May, and $80,000 for June. Sales are 40% cash and 60% on credit. All credit sales are collected in the month following the sale. Total sales for March were $25,000. Prepare a schedule of cash receipts from sales for April, May, and June. Music World reports the following budgeted sales: August, \$150,000; and September, $170,000. Cash sales are 40% of total sales, and all credit sales are collected in the month following the sale. Prepare a schedule of cash receipts from sales for September. The Guitar Shoppe reports the following budgeted sales: August, $150,000; and September, $170,000. For its total sales, 40% are immediately collected in cash, 55% are credit sales and collected in the month following sale, and the remaining 5% are written off as uncollectible. Prepare a schedule of cash receipts from sales for September. Wells Company reports the following budgeted sales: September, $55,000; October, $66,000; and November, $80,000. All sales are on credit, and 5% of those credit sales are budgeted as uncollectible. Collection of the remaining 95% of eredit sales are budgeted as follows: 60% in the first month after sale and 35% in the second month after sale. Prepare a schedule of cash receipts from sales for November