Logan company's budgeted sales and direct materials purchases are as follows.

budgeted sales budgeted d. m. purchases

january $300,000 $60,000

february 330,000 70,000

march 350,000 80,000

logan's 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. hagen's 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.

instructions

(a) prepare a schedule of expected collections from customers for march.

(b) prepare a schedule of expected payments for direct materials for march.

Answerthe maximum price that a buyer is willing to pay for a good;

In the 10th grade, i was teamed up in a group of four. our project was on modern history. altho it seemed super hard for many of us. patrick fleming  took charge and showed us the understanding of this project.  his leadership showed great ethics and it taught me, personally, how to others understand, not just to show them, but explain it thoroughly. and altho he was a great teacher i would have changed a few things. one being his attitude. many times he would get frustrated and impatient with the group.  i think  a leader i would have done exactly  what he did but with much more patience and be there more to explain. such as lunch  learning. and giving everybody a chance to try to explain it in their  head.