The following is a schedule of the projected unit sales of western company, which manufactures casual wear. each unit sells for $25. the company began the period with a beginning accounts receivable balance of $10,000. choose the correct answer from the options provided. quarter first second third fourth year budgeted unit sales 1,500 1,300 1,400 1,300 5,500 percentage of sales collected in the quarter of the sale 75% percentage of sales collected in the quarter after the sale 25%

The direct labor budget of yuvwell corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours: 1st quarter 2nd quarter 3rd quarter 4th quarterbudgeted direct labor-hours 11,200 9,800 10,100 10,900the company uses direct labor-hours as its overhead allocation base. the variable portion of its predetermined manufacturing overhead rate is $6.00 per direct labor-hour and its total fixed manufacturing overhead is $80,000 per quarter. the only noncash item included in fixed manufacturing overhead is depreciation, which is $20,000 per quarter. required: 1. prepare the company’s manufacturing overhead budget for the upcoming fiscal year.2. compute the company’s predetermined overhead rate (including both variable and fixed manufacturing overhead) for the upcoming fiscal year.