Desiccate purchases direct materials each month. Its payment history shows that 70% is paid in the month of purchase with the remaining balance paid the month after purchase. Prepare a cash payment schedule for March if in January through March, it purchased $39,000, $32,000, and $35,000, respectively. Cash paid in March Month of purchase $fill in the blank 1 Month after purchase fill in the blank 2   $fill in the blank 3

Q: $18,000 $25,000 $32,000 is collected from customers in the following manner: Month of sale 25% -…

A: Suppliers are paid later on because they provide credit on purchases that gives short term credit to…

Q: April May June Projected merchandise purchases $92,000 $83,000 $65,500 • Bridgeport pays for 40% of…

A: The budgeted cash disbursements refer to the amount of cash outflow that is expected to happen in a…

Q: X-Tel budgets sales of $56,000 for April, $96,000 for May, and $60,000 for June. Sales are 40% cash…

A: Budgeting is a process of estimation of future income and expenditure for a particular period of…

Q: Lindor Enterprises projects sales for the first three months of the year to be: $10,400 in January,…

A: Cash Budget is an estimation of the cash inflows and cash outflows for the future period for that…

Q: Following are the details of spending pattern for a customer. Calculate the customer's past customer…

A: Past customer value: Past customer value is the sum of total previous contributions by a customer…

Q: Boise Boots prepared the following sales budget: Cash Sales Month March $17.000 $37.000 $37,000…

A: CASH BUDGET Cash Budget is a detailed budget of cash income and cash expenditure incorporating both…

Q: Current Attempt in Progress Bramble Industries expects credit sales for January, February, and March…

A: It is a financial plan that estimates the amount and timing of cash inflows from various sources,…

Q: Simpson Glove Company has made the following sales projections for the next six months. All sales…

A: Cash receipt budget is the statement prepared by the entity for the purpose of estimating the amount…

Q: Bennett Inc. found that about 45% of its sales during the month were for cash. Bennett has the…

A: Cash collection budget:— This budget is prepared to estimate the collection of sales from customers…

Q: Cash is collected from customers in the following manner: - Month of sale 30% - Month following the…

A: Cash payment to supplier is the amount of cash paid to supplier for the purchase made during the…

Q: The following information pertains to Monroe Company: Month Sales Purchases January $62,000 $33,000…

A: Purchases may be made in cash or by credit. The credit purchases have to be paid for in the months…

Q: Lindell Company made direct materials purchases of $50,200 and $62,200 in September and October,…

A: The objective of the question is to calculate the total cash paid for purchases in October by…

Q: Don't give answer in image format

A: Cash payment for purchase budget :— Thos budget is prepared to estimate the payment for purchase…

Q: The Guitar Shoppe reports the following sales forecast: August, $130,000; and September, $260,000.…

A: A schedule for cash receipts is prepared before preparing a cash budget. It is part of the cash…

Q: Cash collections for Wax On Candles found that 54% of sales were collected in the month of the sale,…

A: Hi studentSince there are multiple questions asked, we will answer only first question.Cash budget…

Q: Lindor Enterprises projects sales for the first three months of the year to be: $10,200 in January,…

A: The cash budget refers to the statement prepared by the management estimating future possible cash…

Q: Cash collections for Wax On Candles found that 60% of sales were collected in the month of the sale,…

A: Cash budget means expected cash receipts and expected cash payment with opening and closing cash…

Q: ZYX has total sales for June and July of $30,000 and $25,000, respectively. Cash sales are normally…

A: Accounts receivable :— It is the amount of total credit sales that are receivable from customers…

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A: Step 1: Calculation of budgeted cash disbursement for May.Cash payment for merchandise purchases of…

Q: X-Tel budgets sales of $65,000 for April, $115,000 for May, and $85,000 for June. Sales are 50% cash…

A: Budgeting -Budgeting is important technique to estimate the later periods sales, cash collections,…

Q: Portia Incorporated is a retailer of scrapbooking products. The actual and forecast sales for the…

A: The account receivables represent the amount due from the customers during the period. The account…

Q: Lindor Enterprises projects sales for the first three months of the year to be: $10,400 in January,…

A: A cash budget is an estimation of the cash flows of a business over a specific period of time. This…

Q: Values of purchases that a customer has made during the last five months are summarized as below:…

A: Past Customer Value (PCV)= It measure the value of customer based on past purchase and gross…

Q: Blossom Industries expects credit sales for January, February, and March to be $193,000, $259,700,…

A: It is a financial plan that estimates the amount and timing of cash inflows from various sources,…

Q: n to purchase certain items for the next Retailer needs each month are given in W: m JAN 10 FEB MAR…

A:

Q: Cash collections for Wax On Candles found that 60% of sales were collected in the month of the sale,…

A: Cash collection schedule shows the cash collected in the months by the company from the revenue…

Q: Cash collections for Wax On Candles found that 60% of sales were collected in the month of the sale,…

A: Solution: Computation of cash collection in the month of  Jan and feb will be based on sales during…

Q: Desiccate purchases direct materials each month. Its payment history shows that 70% is paid in the…

A: Given, 70% of March purchases are paid in March 30% of February purchases are paid in March

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A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…

Q: travision Inc. ant vel production, material purchases will be equal for each month during the four…

A: The cash payment schedule states the cash purchases which are made by the companies in the year and…

Q: Ed's Waterbeds has made the following sales projections for the next six months. All sales are…

A: Solution:JanuaryFebruaryMarchAprilMayJuneJulyAugustSales$46,000$45,000$43,000$49,000$38,000$47,000$5…

Q: Current Attempt in Progress Bob's Brass Beds Inc. has an inventory of bed frames at the beginning of…

A: Inventory valuationInventory valuation method is an accounting practice that is followed by each and…

Q: None

A:

Q: The controller of Coronado Company estimates sales and production for the first four months of 2022…

A: A budget is a forecast of revenue and expenses for a certain future period of time that is generally…

Q: Complete a Cash Budget for Lindor Enterprises.

A: Cash Budget is prepared to provide for the estimated cash requirements of the business entity.It…

Q: Cash collections for Wax On Candles found that 60% of sales were collected in the month of the sale,…

A: Solution: Cash collection is done on the basis of percentages of collection in the respective months…

Q: Complete a Cash Budget for Lindor Enterprises.

A: A cash budget is the method of analysing the progress of cash flows to the company and as this is…