Hockey Pro budgets production of 3,900 hockey pucks during May. The company assigns variable overhead at the rate of $2.00 per unit. Fixed overhead equals $42,000 per month. Prepare a factory overhead budget for May HOCKEY PRO Factory Overhead Budget For Month Ended May 31 Budgeted total overhead Liza's predicts sales of $46,000 for May and $63,000 for June. Assume 70% of Liza's sales are for cash. The remaining 30% are credit sales; these customers pay in the month following the sale. Compute the budgeted cash receipts for June. LIZA'S Budgeted Cash Receipts For Month Ended June 30 Budgeted sales Less ending accounts receivable Cash sales Collections of last month's receivables Total budgeted cash receipts