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olz help Swifty Company's budgeted sales and direct materials purchases are as follows: Swifty's sales are 30% cash and 70% credit. Credit sales are collected

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Swifty Company's budgeted sales and direct materials purchases are as follows: Swifty's sales are 30% cash and 70% credit. Credit sales are collected 10% in the month of sale 50% in the month following sale, and 36% in the second month following sale: 4% are uncollectible. Swiftys purchases are 50% cas and 50% on account. Purchases on account are paid 40% in the month of purchase, and 60% in the month following purchase (a) Prepare a schedule of expected collections from customers for March. (b) Prepare a schedule of expected payments for direct materials for March

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