The ABC Company's Budgeted sales and directed materials purchases are as follows.

	Budgeted Sales	Budgeted Direct Material Purchases
April	$300,000	$60,000
May	330,000	70,000
June	350,000	80,000

The company sales are 40% cash and 60% 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. The company 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 expexted collections from customers for june.

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