i Data Table - XO More Info In any given month, 30% of the total sales are cash sales, while the remainder are credit sales Units October actual sales (prior year) November actual sales (prior year) December actual sales (prior year) January projected sales February projected sales March projected sales April projected sales 88,000 86,000 81,000 76,000 87,000 98,000 100,000 The company's collection history indicates that 60% of credit sales is collected in the month after the sale, 30% is collected two months after the sale5% is collected three months after the saleand the remaining 5% is never collected , , Assume that the total cost of direct materials purchases in December was $500,000. The company pays 60% of its direct materials purchases in the month of purchase, and pays the remaining 40% in the month after purchase i Data Table - XO More Info In any given month, 30% of the total sales are cash sales, while the remainder are credit sales Units October actual sales (prior year) November actual sales (prior year) December actual sales (prior year) January projected sales February projected sales March projected sales April projected sales 88,000 86,000 81,000 76,000 87,000 98,000 100,000 The company's collection history indicates that 60% of credit sales is collected in the month after the sale, 30% is collected two months after the sale5% is collected three months after the saleand the remaining 5% is never collected , , Assume that the total cost of direct materials purchases in December was $500,000. The company pays 60% of its direct materials purchases in the month of purchase, and pays the remaining 40% in the month after purchase