Learn w x ChatGPT × .wiley.com/was/ui/v2/assessment-player/index.html?launchld=28abc00c-2008-44ac-ab20-cf5321169326#/question/16 Question 17 of 20 < > View Policies Current Attempt in Progress Swifty Company's budgeted sales and direct materials purchases are as follows: Budgeted Sales Budgeted D.M. Purchases April $281,000 $46,000 May 343,000 52,000 June 396,000 62,000 2 -/18 ⠀ Swifty's sales are 40% cash and 60% credit. Credit sales are collected 20% in the month of sale, 50% in the month following sale, and 26% in the second month following sale; 4% are uncollectible. Swifty's purchases are 50% cash and 50% on account. Purchases on account are paid 40% in the month following the purchase and 60% in the second month following the purchase. (a) Prepare a schedule of expected collections from customers for April, May, and June. April May F2 80 F3 W S #3 54 Sales Swifty Company Schedule of Expected Collections from Customers #2 April MacBook Air % olo5 6 87 & JA F7 Jui May DII DD F10 8 9 0 E R T Y U 1 0 P D F G H J K L Question 17 of 2 × Wiley Course Rex Variance Report X WP Question 15 of 2 X C Home-Learn wi x ChatGPT Every Studen n.wiley.com/was/ui/v2/assessment-player/index.html?launchld=28abc00c-2008-44ac-ab20-cf5321169326#/question/16 9⭑ ES 2 Question 17 of 20 < > (a) F2 M Prepare a schedule of expected collections from customers for April, May, and June. Swifty Company Schedule of Expected Collections from Customers Sales April April $ I May June Total Collections Save for Later $ $ -/18 ⠀ Jun May $ Attempts: 0 of 1 used Submit Answer (b) The parts of this question must be completed in order. This part will be available when you complete the part above. (c) The parts of this question must be completed in order. This part will be available when you complete the part above. 80 888 F4 F3 $ 54 #3 E R % 2105 T MacBook Air 66 C Y & 28 7 00 DII F7 FB U 8 H J DD 59 F10 9 0 0 P K L F11