PABLO 7.3 Direct labor hours are estimated as 2,000 in Quarter 1; 2,100 in Quarter 2; 1,900 in Quarter 3; and 2,300 in Quarter 4. Prepare a manufacturing overhead budget using the information provided. Indirect material per hour Indirect labor per hour Maintenance per hour Utilities per hour $1.00 1.25 0.25 0.50 Supervisory salaries Maintenance Property taxes and insurance Depreciation $17,000 5,000 6,000 3,500 PAS. LO 7.3 Fitbands' estimated sales are: October November December January February March $131,982 195.723 249.283 124.298 124.284 124,373 What are the balances in accounts receivable for January, February, and March if 65% of sales is collected in the month of sale, 25% is collected the month after the sale, and 10% is second month after the sale? PA10. LO 73 Sports Socks has a policy of always paying within the discount period and each of its suppliers provides a discount of 2% paid within 10 days of purchase. Because of the purchase policy. 85% of its payments are made in the month of purchase and 15% are made the following month. The direct materials budget provides for purchases of $129,582 in November $294,872 in December, 5239,582 in January, and $234,837 in February. What is the balance in accounts payable for January 31, and February 287