20 Midterm w_final solutions (1) - Word Search 3 References Brutu Mailings Review View Help 1 Normal 1 Testbank T No Spac Heading Title 10 Find Replace Select Paragraph Styles Editing 18. Use the format used in class to record the following transaction: Based on the predetermined overhead rate, applied $45,000 of overhead to production Work in Process UP $455 Manufacturing OH Applied UP $45K 19. Capital L Industries recently created a sales budget where expected sales are as follows: April $150,000 May $110.000 June $90,000 "The company makes all of its sales on account. The company anticipates that they should be able to collect sales as follows: 70% in the month of the sale 25% in the month after the sale 5% two months after the sale "Prepare a cash collections schedule for the company for the mouth of June. Total 598.000 . . I o 5 RT