Pina Colada Company's budgeted sales and direct materials (DM) purchases are as follows. January February March Budgeted Sales Budgeted DM Purchases $52,000 $305,000 335,000 350,000 Pina Colada'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. Pina Colada's purchases are 50% cash and 50% on account. Purchases on account are paid 30% in the month of the purchase and 70% in the month following the purchase. Prepare a schedule of budgeted cash receipts from customers for March. March Cash Sales PINA COLADACOMPANY Budgeted Cash Receipts from Customers Collection of March Credit Sales Collection of February Credit Sales Collection of January Credit Sales 76,000 Budgeted cash receipts 82,000 $ $ March

A)

Prepare a schedule of budgeted cash receipts from customers for March

B)

prepare a schedule of budgeted cash disbursements for direct materials for March

(a)