Question: Exercise 1 3 - 3 6 ( Algo ) Estimate Purchases and Cash Disbursements ( LO 1 3 - 3 , 4 ) Eliot Spriniber
Exercise Algo Estimate Purchases and Cash Disbursements LO
Eliot Spriniber Systems produces equipment for lawn imigstion. One of the parts used in selected Cliot equipenent is is specialty norrie The budgeting team is now determining the purchase requiements and monthly cash dinbursements for this part.
Eliot whish to hrve in shock enough nocales to use for the coming month. On Auguilt the compeny has lat. norries in stack. athough the latest estimate for Aupust production indicates a requirement for only norries. Total uses of the notrie art expected to be in Segtember and in October.
Nouzles are purchased at a wholesale price of $ Eliot pans percent of the purchase price in canh in the month when the puts are delivered. The remaining percent is poid in the following month. Eliot purchased parts in dily.
Bequired:
a Entimate purchases of the noralie in unitsj for August asd Seppember
b Estimate the cash diabursements for nozrles in August and September.
Cemplete this equestion by entering your answers in the taba below.
tstimate the cash disbursements for notrien in Aupust and September.
tableWonth of permant,TivaAepanHAeplemier
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