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omework: Chapter 4 Homework ore: 0 of 1 pt P4-9 (similar to) 4 of 8 (7 complete ash disbursements schedule Maris Brothers, Inc., needs a cash disbursement schedule for the months of April, May, and June. Use the format given here and the following information in its prep Sales: February $496,000; March $508,000. April $584,000; May $624.000; June $668,000, July $628,000 Purchases: Purchases are calculated as 65% of the next month's sales, 9% of purchases are made in cash, 56% of purchases are paid for 1 month her purchase, and the remaining 30% of purchases are Rent: The firm pays rent of $7.990 per month Wages and salaries: Base wage and salary costs are fixed at $6,500 per month plus a variable cost of 7.1% of the current month's sales Fixed asset outlays: New equipment conting $74,800 will be bought and paid for in April. Interest payments: An Interest payment of $30,200 is due in June Cash dividends: Dividends of $12.900 will be paid in April Principal repayments and retirements: No principal repayments or retirements are due during these months Complete the cash disbursements schedule for Maris Brothers, Inc. below: (Round to the nearest dollar) - of pur st More Info xel vill ue pril bayi Jun Jul Bro or M A Schedule of Projected Cash Disbursements for Maris Brothers, Inc. Feb Mar Apr May Sales Disbursements Purchases Cash 1 month delay 2 month delay Rent Wages and salary Fixed r Variable Taxes Fixed assets Interest Cash dividends Total Disbursements Print Done Click Chebxwe Clear All May $ Interest payments: An interest payment of $30,200 is due in June. Cash dividends: Dividends of $12,900 will be paid in April. Principal repayments and retirements: No principal repayments or retirements are due during these months. Complete the cash disbursements schedule for Maris Brothers, Inc. below: (Round to the nearest dollar.) Schedule of Projected Cash Disbursements for Maris Brothers, Inc. Feb Mar Apr Jun Jul Sales $ $ Disbursements Purchases Cash $ 1 month delay $ 2 month delay Rent Wages and salary Fixed $ Variable $ $ $ $ Taxes $ Fixed assets Interest Enter any number in the edit fields and then click Check Answer. SVI OVUON Principal repayments and retirements: No principal repayments or retirements are due during these months. $ Sales Disbursements Purchases $ $ Cash $ $ 1 month delay 2 month delay Rent Wages and salary Fixed Variable $ $ Taxes Fixed assets $ $ Interest $ Cash dividends Total Disbursements Enter any number in the edit fields and then click Check Answer. P4-9 (similar to) Cash disbursements schedule Maris Brothers, Inc., needs a cash disbu Sales: February $496,000; March $508,000; April $584,000; May $624,000 Purchases: Purchases are calculated as 65% of the next month's sales, 9% Rent: The firm pays rent of $7,990 per month. Wages and salaries: Base wage and salary costs are fixed at $6,500 per mo Taxes: A tax payment of $54,100 is due in June. Fixed asset outlays: New equipment costing $74,800 will be bought and paid Interest payments: An interest payment of $30,200 is due in June. Cash dividends: Dividends of $12,900 will be paid in April. Principal repayments and retirements: No principal repayments or retirements nc., needs a cash disbursement schedule for the months of April, May, and June. Use the f 584,000; May $624,000; June $668,000; July $628,000 e next month's sales, 9% of purchases are made in cash, 55% of purchases are paid for 1 m are fixed at $6,500 per month plus a variable cost of 7.1% of the current month's sales. 800 will be bought and paid for in April. 30 is due in June. d in April. al repayments or retirements are due during these months