Sweet Acacia Company's budgeted sales and direct materials purchases are as follows:

		Budgeted Sales		Budgeted Direct Materials Purchases
January		$194,000		$28,000
February		199,000		33,000
March		277,000		46,000

Sweet Acacia's sales are 40% cash and 60% credit. It collects credit sales 10% in the month of sale, 50% in the month following sale, and 36% in the second month following sale; 4% are uncollectible. Sweet Acacia's purchases are 50% cash and 50% on account. It pays purchases on account 60% in the month of purchase, and 40% in the month following purchase.

Prepare a schedule of expected collections from customers for March.

NIU COMPANY Schedule of Expected Collections from Customers For the Month Ending March 31, 2020
Januarycredit sales		$
Februarycredit sales
Marchcash sales
Marchcredit sales
Total expected collections from customers		$

Prepare a schedule of expected payments for direct materials for March.

NIU COMPANY Schedule of Expected Payments for Direct Materials For the Month Ending March 31, 2020
Februarycredit payments		$
Marchcash payments
Marchcredit payments
Total expected payments		$