C Home - my.centennialcollege.ca x @ Assignment #3 (Chapter 4) - 22W x Question 3 - Assignment #3 (Cha x * Course Hero X + X -) C VN A ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%2525%252FIms.mheducation.com%252Fmghmiddlew... > 8 G Google a Amazon.de meBay Facebook YouTube @ Addons Store G Gmail YouTube S New Tab ) Maps Registration Term G Beka Bante - Printin. > > Reading list Assignment #3 (Chapter 4) Saved Help Save & Exit Submit Check my work 3 The Prince Albert Corporation has forecast the following sales for the first seven months of the year. 12.5 January $18, 000 May $18, 090 points February 20,006 June 24, 000 March 22, 090 July 26, 000 April 28, 000 Skipped Monthly material purchases are set equal to 30 percent of forecasted sales for the next month. Of the total material costs, 40 percent eBook are paid in the month of purchase and 60 percent are paid in the following month. Labour costs will run $4,800 per month, and fixed overhead is $6,000 per month. Interest payments on the debt will be $3,800 for both March and June. Finally, the Prince Albert sales Print people will receive a 2.0 percent commission on total sales for the first six months of the year, to be paid on June 30. References Prepare a monthly summary of cash payments for the six months from January through June. (Note: Compute prior December purchases to help get total material payments for January.) Prince Albert Corporation Cash Payments Schedule December January February March April May Sales $ $ Purchases $ Current month payment Prior month payment Mc Graw Hill B. 3 O W A O ENG 5:07 PM US 2022-02-09C Home - my.centennialcollege.ca x @ Assignment #3 (Chapter 4) - 22W x Question 3 - Assignment #3 (Cha x * Course Hero X + X -) C VN A ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddlew... * 8 G Google a Amazon.de mi eBay Facebook YouTube @ Addons Store G Gmail YouTube S New Tab ) Maps Registration Term G Beka Bante - Printin.. > > Reading list Assignment #3 (Chapter 4) Saved Help Save & Exit Submit Check my work 3 overhead is $6,000 per month. Interest payments on the debt will be $3,800 for both March and June. Finally, the Prince Albert sales people will receive a 2.0 percent commission on total sales for the first six months of the year, to be paid on June 30. Prepare a monthly summary of cash payments for the six months from January through June. (Note: Compute prior December purchases to help get total material payments for January.) 12.5 points Prince Albert Corporation Cash Payments Schedule Skipped December January February March April May Sales $ $ $ $ Purchases $ eBook Current month payment Prior month payment Print References Total payment for materials Labour costs Fixed overhead Interest payments Sales commission Total cash payments $ $ $ $ $ Mc Graw Hill qD 3 O W A O ENG 5:07 PM B. US 2022-02-09