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June sales were $5866 while projected sales for July and August were $6182 and $7570, respectively. Sales are 30% cash and 70% credit. All credit
June sales were $5866 while projected sales for July and August were $6182 and $7570, respectively. Sales are 30% cash and 70% credit. All credit sales are collected in the month following the sale. What are the expected collections for July? Mighty Corporation manufactures end tables. Each end table requires 6 direct labor hours for each table. Mighty Corporation has a direct labor rate of $21 per direct labor hour. The production budget shows that Mighty Corporation plans to produce 1404 end tables in March and 1524 end tables in April. What is the total combined direct labor cost that should be budgeted for March and April
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