Question: answer G please *Problem 10-39A (Part Level Submission) The controller of Harrington Company estimates sales and production for the first four months of 2016 as

 answer G please *Problem 10-39A (Part Level Submission) The controller of

answer G please

*Problem 10-39A (Part Level Submission) The controller of Harrington Company estimates sales and production for the first four months of 2016 as follows: Sales Production in units January February $30,200 $39,000 1,010 1,670 March $55,000 2,140 April $25,900 2,510 Sales are 40% cash and 60% on account, and 60% of credit sales are collected in the month of the sale. In the month after the sale, 40% of credit sales are collected. It takes 4 kg of direct material to produce a finished unit, and direct materials cost $5 per kg. All direct materials purchases are on account, and are paid as follows: 40% in the month of the purchase, 60% the following month. Ending direct materials inventory for each month is 40% of the next month's production needs. January's beginning materials inventory is 1,616 kg. Suppose that both accounts receivable and accounts payable are zero at the beginning of January. Answer the following questions: *(a) Your answer is correct. What are the total cash sales for the January-March quarter? Total cash sales $49680 Attempts: 1 of 1 us *(b) Your answer is correct. What is the accounts receivable balance at the end of March? Accounts receivable balance $113200 Attempts: 1 of 1 used *(c) Your answer is correct. What is direct materials inventory balance at the end of March? Direct materials inventory balance 74016 kg Attempts: 1 of 1 used *(d) Your answer is correct. What are material purchases costs for February? Material purchases for February 5537160 Attempts: 1 of 1 used *(e) Your answer is correct. What are cash payments on account for February? (Round answer to o decimal places, e.g. 125.) Cash payments on account $130152 Attempts: 1 of 1 used *(6) Your answer is correct. What is the ending balance in accounts payable for March? (Round answer to 0 decimal places, e.g. 125.) Ending balance in accounts payable 27456 Attempts: 1 of 1 used *(g) What is the cash balance for the period January-March? (Round answer to o decimal places, e.g. 125.) Cash balance

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