I figured#3. I have the sales revenue for each but im not sure how to move on.

mber Dye-Aspora, Inc manufactures a red industrial dye. The company is preparing its master budget for the first quarter and has presented you with the following information. 1. The December 31, 20XX, balance sheet for the company follows. DYE-ASPORA, Incorporated Balance Sheet December 31, 20Xx Assets Liabilities and Stockholder Equity Cash $8 , 050 Accounts Payable $20, 200 Accounts Receivable 53 , 600 Notes Payable 25, 000 Raw Materials Inventory 2, 000 Dividends Payable 25, 000 Finished Goods 4, 375 Total Inventory 70, 200 Liabilities Prepaid Insurance 1 , 600 Common Stock 80, 000 Building 300, 000 Paid-in Capital 30, 000 Acc Depreciation (95, 000) Retained 205, 000 Earnings 94, 425 204, 425 Total Assets Total Liabilities and $274, 625 Equity $274, 625 2. The Accounts Receivable balance on December 3Ist represents the remaining balances of November and December sales: $80,000 and $104,000, respectively. 3. Estimated sales in gallons of dye for January through May follow: January 8, 000 February 9, 000 March 11, 000 April 12, 000 May 11, 000 Each gallon of dye sells for $16.00. 4. The collection pattern for accounts receivable is as follows: 60% in the month of sale, . 25% the month after sale, and . 15% the second month after sale. Dye-Aspora expects no bad debts and gives no cash discounts. 5. Each gallon of dye has the following standard quantities and costs for direct materials and direct labor: Quantity Cost/rate Std Cost Mordant (DM) 1 . 40 Gal $2 . 00 $2 . 80 Direct labor 0. 30 Hr $15.00 $4 . 50 Some evaporation loss occurs during processing. Variable overhead (VOH) is applied basis machine-hours. The processing of 1 gallon of dye takes 3 MH. The variable overhead rate is $0.10 per MH. VOH is entirely of utility costs. FOH is applied per gallon based on an expected annual capacity of 120,000 gallons