part one

part 2

Assume a merchandising company provides the following information from its master budget for the month of May: SalesCostofgoodssoldSellingandadministrativeexpensesAccountsreceivable,May1stAccountsreceivable,May31st$126,000$91,000$25,000$17,000$36,500 If all of the company's sales are on account, what is the amount of cash collections from customers included in the cash budget for May? Assume a company's budgeted unit sales and its required production in units for April are 98,000 units and 96,000 units, respectively. The direct laborhours required per unit is 1.50 hours. The company's total budgeted direct labor cost for April is $2,268,000. What is the budgeted direct labor per hour for April? Multiple Choice $20.27 $15.43 $15.75 $19.60