kiowatr 1 Windsor Combany's budgeted sales and direct materials purchases follow. January was the first month of operaticns. Budeeted sales. January $139,000; February $191,200; March $251,600 Budgeted direct materiaks purchases: January $40,100, February $34,800; March $40,300 Windsor's sales are 35% cash and 65% credit. It collects credit cales 40% in the morth of sale 60%6 in the month following the sale. Windsor's purchases are 406 cash and 60% on account. It pays purchases on account cosc in the month of purchase and 40x in the month following purchase: Prepare a schedule of expected collectlons far January, Fetoruary, and March Prepare a schedule of expected pwyments for direct inaterials for Jarsaly. Februaryand March. Prebare a schedule of expected nayments for derect materials ior fawary Fabruary and March. kiowatr 1 Windsor Combany's budgeted sales and direct materials purchases follow. January was the first month of operaticns. Budeeted sales. January $139,000; February $191,200; March $251,600 Budgeted direct materiaks purchases: January $40,100, February $34,800; March $40,300 Windsor's sales are 35% cash and 65% credit. It collects credit cales 40% in the morth of sale 60%6 in the month following the sale. Windsor's purchases are 406 cash and 60% on account. It pays purchases on account cosc in the month of purchase and 40x in the month following purchase: Prepare a schedule of expected collectlons far January, Fetoruary, and March Prepare a schedule of expected pwyments for direct inaterials for Jarsaly. Februaryand March. Prebare a schedule of expected nayments for derect materials ior fawary Fabruary and March