Memphis Company anticipates total sales for April, May, and June of $950,000, $1,050,000, and $1,100,000 respectively. Cash sales are normally 30% of total sales. Of the credit sales, 30% are collected in the same month as the sale, 65% are collected during the first month after the sale, and the remaining 5% are not collected. Compute the amount of cash received from total sales during the month of May. Zhang Industries budgets production of 250 units in June and 260 units in July. Each unit requires 1.5 hours of direct labor. The direct labor rate is $13.00 per hour. The indirect labor rate is $20.00 per hour. Compute the budgeted direct labor cost for July. Chocolate Co. reports the following information from its sales budget: Expected sales: July August September $ 87,000 107,000 117,000 Cash sales are normally 30% of total sales and all credit sales are expected to be collected in the month following the date of sale. The total amount of cash expected to be received from customers in September is