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 Payment of February credit purchasesMarch cash purchasesCollection of February credit salesCollection of January credit salesJanuary cash salesCollection of March credit salesFebruary cash salesPayment of March credit purchasesMarch cash sales		$ enter a dollar amount
select an item Collection of March credit salesMarch cash purchasesFebruary cash salesMarch cash salesCollection of January credit salesPayment of March credit purchasesPayment of February credit purchasesCollection of February credit salesJanuary cash sales		enter a dollar amount
select an item Payment of March credit purchasesMarch cash purchasesCollection of January credit salesJanuary cash salesPayment of February credit purchasesCollection of February credit salesCollection of March credit salesFebruary cash salesMarch cash sales		enter a dollar amount
select an item March cash salesMarch cash purchasesPayment of March credit purchasesCollection of January credit salesFebruary cash salesPayment of February credit purchasesCollection of February credit salesCollection of March credit salesJanuary cash 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 salesPayment of March credit purchasesMarch cash salesJanuary cash salesFebruary cash salesMarch cash purchasesCollection of January credit salesCollection of February credit salesPayment of February credit purchases		$ enter a dollar amount
select an item Payment of March credit purchasesCollection of March credit salesCollection of January credit salesFebruary cash salesMarch cash salesCollection of February credit salesMarch cash purchasesPayment of February credit purchasesJanuary cash sales		enter a dollar amount
select an item February cash salesPayment of February credit purchasesCollection of February credit salesMarch cash purchasesPayment of March credit purchasesMarch cash salesCollection of January credit salesJanuary cash salesCollection of March credit sales		enter a dollar amount
Total payments		$ enter a total amount