COVID 19 Co has an activity-based costing system with three activity cost pools--Machining, Assembly, and Other. In the first stage allocations, costs in the two overhead accounts, equipment depreciation and facotry expense, are allocated to three activity cost pools based on resource consumption. Data used in the first stage allocations follow: Overhead costs: Equipment depreciation $79,600 $5.000 Factory expense Distribution of Resource Consumption Across Activity Cost Pools: Activity Cost Pools Machining Assembly Other Equipment depreciation 0.30 0.50 0.20 0.50 Factory expense 0.30 0.20 Machining costs are assigned to products using machine-hours (MHS) and Assembly costs are assigned to products using the number of orders. The costs in the other activity cost pool are not assigned to products. Activity data for the company's two products follow: Orders (Assembly) Machine-hours (Machining) 1.550 1,070 Product YB Product YA 9.700 1,630 The activity rate for the Assembly activity cost pool under activity-based costing is closest to (Round your intermediate calculations to 2 decimal places.): COVID 19 Co has forecast sales to be $130,000 in February. $144,000 in March, $150,000 in April, and $146,000 in May. The average cost of goods sold is Bo% of sales. All sales are on made on credit and sales are collected 65% in the month of sale, and 35% the month following. What are budgeted cash receipts in March