i need requirements 1 - 3 ! please!!

More Info - x a. b. C. d. Sales in April are expected to be $60,000. Cube forecasts that monthly sales will increase 2% over April sales in May. June's sales will increase by 4% over April sales. July sales will increase 20% over April sales. Cube maintains inventory of $9,000 plus 25% of the cost of goods sold budgeted for the following month. Cost of goods sold equal 50% of sales revenue. Monthly salaries amount to $10,000. Sales commissions equal 5% of sales for that month. Other monthly expenses are as follows: Rent: $3,200 Depreciation: $800 Insurance: $500 Income tax: $1,600 Print Done Answer Clear All Cube Office Supply Balance Sheet ay 2017 March 31, 2018 Assets Current Assets: Cash s 15,000 Accounts Receivable Merchandise Inventory 18,000 16,500 1.000 Prepaid Insurance Total Current Assets S 50,500 Property. Plant, and Equipment: Equipment and Fixtures 35,000 (20,000) 15.000 Less: Accumulated Depreciation Answei Print Done Data Table ows: as a Property, Plant, and Equipment: Equipment and Fixtures 35,000 (20,000) nd May 20 Less: Accumulated Depreciation 15,000 $ 65,500 Total Assets Liabilities Current Liabilities: May 12,000 7,800 w S 19,800 Accounts Payable $ Salaries and Commissions Payable Total Liabilities Stockholders' Equity Common Stock, no par Retained Earnings Total Stockholders' Equity 15.000 30,700 45.700 heck Answeil Print Done ny 2018 Requirements 1. Prepare Cube's sales budget for April and May 2018. Round all calculations to the nearest dollar. 2. Prepare Cube's inventory, purchases, and cost of goods sold budget for April and May 3. Prepare Cube's selling and administrative expense budget for April and May. Print Done Answer. Clear All Requirement 1. Prepare Cube's sales budget for April and May 2018. Round all amounts to the nearest dollar. Cube Office Supply Sales Budget April and May, 2018 April May Total budgeted sales Enter any number in the edit fields and then click Check Answer 2 parts Clear remaining Type here to search