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Julia's Candy Co. reports the following information from its sales account and sales budget: Cash sales are normally 25% of total sales and all credit

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Julia's Candy Co. reports the following information from its sales account and sales budget: Cash sales are normally 25% of total sales and all credit sales are expected to be collected in the month following the date of sale. Based on the information from Julia's, the total amount of cash expected to be received from customers in September is: $30,000 $82, 500 $112, 500 $120,000 $202, 500 Based on the information from Julia's, the total amount of cash expected to be received from customers in July is: $69, 750 $90,000 $92, 250 $22, 500 $115.500 Labor costs that are clearly associated with specific units or batches of product because the labor is used to convert raw materials into finished products called are: Sunk labor Direct labor Indirect labor Finished labor Supervisory labor Costs that are incurred as part of the manufacturing process but are not clearly associated with specific units of product or batches of production, including all manufacturing costs other than direct material and direct labor costs, are called: Administrative expenses Nonmanufacturing costs Sunk costs Factory overhead Preproduction costs

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