Sunland Companys budgeted sales and direct materials purchases are as follows.

		Budgeted Sales		Budgeted D.M. Purchases
January		$188,000		$28,200
February		206,800		33,840
March		235,000		35,720

Sunlands 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. Sunlands purchases are 50% cash 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.

SUNLAND COMPANY Schedule of Expected Collections from Customers
		March
select an item March cash purchasesCollection of March credit salesPayment of February credit purchasesMarch cash salesCollection of January credit salesCollection of February credit salesFebruary cash salesPayment of March credit purchasesJanuary cash sales		$enter a dollar amount
select an item Collection of January credit salesFebruary cash salesMarch cash purchasesCollection of March credit salesPayment of February credit purchasesJanuary cash salesPayment of March credit purchasesCollection of February credit salesMarch cash sales		enter a dollar amount
select an item Payment of February credit purchasesPayment of March credit purchasesJanuary cash salesMarch cash purchasesCollection of January credit salesCollection of March credit salesMarch cash salesFebruary cash salesCollection of February credit sales		enter a dollar amount
select an item March cash purchasesMarch cash salesPayment of February credit purchasesPayment of March credit purchasesFebruary cash salesCollection of February credit salesCollection of March credit salesJanuary cash salesCollection of January credit sales		enter a dollar amount
Total collections		$enter a total amount

(b) Prepare a schedule of expected payments for direct materials for March.

SUNLAND COMPANY Schedule of Expected Payments for Direct Materials
		March
select an item Collection of March credit salesMarch cash salesMarch cash purchasesCollection of February credit salesCollection of January credit salesFebruary cash salesJanuary cash salesPayment of February credit purchasesPayment of March credit purchases		$enter a dollar amount
select an item Payment of February credit purchasesCollection of March credit salesJanuary cash salesPayment of March credit purchasesMarch cash salesCollection of February credit salesMarch cash purchasesCollection of January credit salesFebruary cash sales		enter a dollar amount
select an item Collection of February credit salesCollection of January credit salesPayment of February credit purchasesJanuary cash salesMarch cash salesCollection of March credit salesFebruary cash salesMarch cash purchasesPayment of March credit purchases		enter a dollar amount
Total payments		$enter a total amount