1. Roar's Manutacturing is preparing its cash budgets for the first 2 months of the upcoming year. The following information concerns the company's upcoming cash receipts and cash disbursement Click the icon to view the information) Requirements Prepare schools of (a) budgeted cash collections, (b) budgeted cash payments for purchase, and te budgeted cash payments. Show much mohandada 2 Prepare a combined cash budget. If no financing activity took place, what is the budgeted cash balance on February 201 Data Table Requirement ta. Prepare a schedule of budgeted cash collections for January and February Cash Collections Budget Sales are 60% cash and 40% credit. Credit ses collected 20% in the January February month of sale and the remainder in the month after sale. Actuals in December were $55.000 Schedules of budgeted sales for the 2 months of the Cash sales upcoming you are as follows Credit sales budgeted Sales Revenue Total cash collections January 560.000 February 500.000 b. Prepare a schedule of budgeted cash payments for purchases for January and February (leave any unused calls ank) b. Actual purchase of direct maler in December were $25,500 Roan's Cash Payments for Direct Material Purchases budget purchases of direct materials in January are budget be 523,00 $28,000 in February purchases are paid the month of purchase and January February Go the following month December purchase c. Salaries and commissions are paid het in the month med andra next month. Actual salaries were $8.000 in December Budgeleden January purchases Jouw we $9,000 and February budgeted calaries are 10.00 com ach month 10% of that month's February purchases d. Rent expenses $2.000 per month Toll cash payment for direct material purchases .. Depreciation is $2,700 per month Estimated income tax payments made at the end of eary The c. Prepare a schedule of budgeld cash payment for operating expenses for January and February Leave any unused cells tax payment is projected to be $11.500 The chance at the end of the prior your Pr Do Enter any number in the edit fields and then continue to the next question Ani's Manufacturing is preparing a cah budgets for the 2 worth of the upcoming year. The towing tomation concerne le company upcoming chegand camera, m (Click the icon to view the information) Requirements 1. Prepare schedules of (a) budgeted cash collection budgeted cash payments for purchased budged cathenow how 2 Prepare a combined cash budget.no Financing activity took place, what is the budged cash bace on February 287 c. Prepare a schedule of budgeted cash payment for operating expenses for January and February (leave any unused as Data Table Cash Payments for Operating Expenses out January February Salse 60% cash and 40%. Cras e cod 20% in the month of sale and the remainder in the months. Actual Vart shooting expenses December were 553.000. Sched outgated for the month of Sales commission. December upcoming year are as follows: Sales commission January Budget Rever January 560.000 Sales como nary February 500.000 Total variable cash operating expenses b. All purchase of direct materials in December 25.00 Fred cash operating expenses purchases of direct me in my are budget 23.500 tiesas December $26.000 in February purchase read month of these and 60% the following month Sales sales January c. Salaries and was condhati tre mathemathe next month Aduals were 18.000 in Decembe Bugares Solos e February January 59,000 and Fetary budgeted 110.00 S Pontepede Coach month are 10% of marts d. Rent expensis 2.00 per month Depreciation is $2,700 per month Toted cash coming up Estimated comes to death of The the payment projected to be $11.500 The chose and of the royal 25.00 DO Eintrary number in the edities and then continue to the next to Roan's Marutacturing is preparing in coth budgets for the first 2 months of the upcoming year. The following information concem te company's upcoming cash receipts and conditionem Click the icon to view the information) Requirements 1 Prepare schedules of (a) budgeted cash collection, (bbudgeted cash payments for purchases, and (e) budgeted cash payment for an och hand van 2 Prepare a combined cash budget If no financing activity took place what is the budgeted cash balance on February 287 Data Table Rent expense Tax expense a Sales are 60% cash and 40% cred Credit sies are collected 20% in Total fried cash operating expenses month of sale and the remainder in the month whers Adultes in Totalcash payments for conting expenses December wore $50,000. Schedules of budgeted sales for the 2 months of the upcoming year are as follows Requirement 2. Prepare the cash budget for January and February Budgeted Sales Revenge Combined Cash Budget January 560,000 568,000 January February b. Actual purchases of direct materials in December 25.500 Roar Cash balance, beginning purchases of direct materials in January are budgeted to be $23.500 and Cashcolections from customers 526,000 in February All purchases are paid 40% is the month of purchase and 60% the following month Total cash available e Sales and sales commissions are paid hall is the month amed and has the next month Actual salaries were $8.000 in December Budged salaries in Less cash payment January 59,000 and Februy budgeted salaries are $10.500 Direct was purchases commissions each month are 10% of the month's sales d. Rent expense is $2,000 per month Operating expenses Depreciation is $2.700 per month Total payment 1. Estimated income tax payments are made the end of January The tax payment projected to be $11,500 Ending chance 9. The cash balance at the end of the per year was $25.000 Print De Enter any number in the edit fields and then continue to the next question Run's Marshacturing preparing an oun budget for the first 2 months of the upcoming year. The following internation concerns we company's upcoming canh receipts and cathdintuneronta Cock the icon to view the information) Requirements 1 Prepare there of budgeted cash collections, (b) bed cash payments to purchases, and (e) bugeted cash payments for operating en how wounts for each month of Jawy and formy Prepare a combined cash busgut if no financing activity took place what is the budgeted ch balance on February 287 Requirement to propone a schedule of budged a collections for January and February Data Table Cath Collections Budget Febway a Sales are 60% cash and 40% credit. Creates are lected 20% in the month of sale and the remainder in the month for sale Actual Cash 30.000 41.400 December were 553.000. Schedules of budgeted sales for the most Credits upcoming year are as follows: Budgeted Sales Revenue Touth collections Jy 560,000 b. Prepare a schedule of budged cash payment for purchases for way and February (Leave any unused calls blank.) 563.000 Cash Payments for Direct Material Purchases Budget b. Actual purchases of direct materials in December were $35,500 Rear's purchases of direct materials in Januwy wre budgeted to be $23.500 and January February 326.000 in February. All purchases are ad 40% in the month of purchase and 60% the following month December purcha Salaries and sales como are paid half in the month med andre Jawy purchases rest month. Actual salaries were 3.000 in December. Budgroed salaries in January 50.000 and February budgeted sales are $10.00 Sales February purchase commissions each month we 10% of pat montes d. Rent expense is $2.500 per month Total cash payment for direct material purchases e. Depreciation is $2,700 per month c. Prepare a schedule of budgeted cash payments for operating expenses for January February (Leave any unused cells Estimated income tax payments are made at the end of January Theme tax payment is projected to be $11,500 The cash bilancs at the end of the prior year was $25.000 Enter any number in the edit fields and then continue to the next question Print Done More Prepare schedules of bodd cash collections, i budgeted cash payment for purchases, and (c) budgeted cash payments for operating Show amours each month woonary and Prepare a combined cash budget financing wily took place, what is the budgeted cash bacon February 207 c. Prepare a schedule of budgeted cash payment for operating expenses for January and February (Lave any unused cells i Data Table Cash Payments for Operating Expenses Budget Jan February Bas are 60% cash and 40% credit. Credit care collected 20% in the Www cash operating pera month of sale and the remainder in the month where Acusa in December were $53.000 Schedules of budgeted for the month of the Sales commission December upcoming year are as follow Samsons January Budgeted Sales Revenon Sales commissions: February January 300,000 Tocal variable cash operating expenses February 369.000 b. Actual purchases of direct materials in December were $25.500 Rooms Fund cash operating expenses purchases of direct materials in January are budgeted to be $23.500 and Sales December $20,000 in February All purchases are paid 40% in the month of purchase and Salos tales January 60% the following month 6. Salaries and sales commissions are paid hat in the moned and hit the Baies salaris February next month. Actual salaries were $5,000 in December Budgeted stories in January we $9.000 and February budgeted a $10,500. Sa Rent expense Commissions each month are 10% of the month's sales Tex expen d. Rent expense is $2.500 per month e Depreciation is $2,700 per mon Totaled cash operating expenses 1. Estimated income tax payments are made fond of January. The estima Totalcan payments for operating expenses tax payment is projected to be $11,500 The cash balance at the end of the prior year was $25,000 this and the content to the next cuestion Requirement 2. Prepare the cash budget for January and February Combined Cash Budget January February Cash balance, beginning Cash collections from customers Total cash available Less cash payments: Direct materials purchases Operating expenses Total cash payments Ending cash balance Enter and number in the die