Question (details below):

Requirements / Info:

Additional data related to the first quarter of 2018 for Vang Company: Vang Company has provided the following budget information for the first quarter of 2018: Click the icon to view the budget information.) (Click the icon to view the data.) Read the requirements Requirement 1. Prepare Vang Company's schedule of cash receipts from customers and schedule of cash payments for the first quarter of 2018. Begin by preparing the schedule of cash receipts from customers for the first quarter f 2018. Cash Receipts from Customers First Quarter 2018 217000 Total sales Cash Receipts from Customers: Accounts Receivable balance, December 31, 2017 1st Qtr-Sales Total cash receipts from customers Accounts Receivable balance, March 31, 2018: 1st Qtr.-Sales, collected in 2nd Qtr Additional data related to the first quarter of 2018 for Vang Company: Vang Company has provided the following budget information for the first quarter of 2018: EE(Click the icon to view the budget information.) (Click the icon to view the data.) Read the requirements X X iRequirements Data Table 1. Prepare Vang Company'ss schedule of cash receipts from customers and schedule of cash payments for the first quarter 217,000 Total sales f 2018 Budgeted purchases direct materials 40.900 2. Prepare Vang Company's cash budget f the first quarter of 2018. Budgeted direct labor cost 36.500 Budgeted manufacturing overhead costs: Print Done 1,125 Variable manufacturing overhead 900 Depreciation 1st Qtr.-Sales 6.750 Insurance and property taxes Total cash recelpts from customers Budgeted selling and administrative expenses: Salaries expense 4,000 Accounts Receivable balance, March 31, 2018: Rent expense 4,000 1st Qtr.-Sales, oollected in 2nd Otr. 1,400 Insurance expense Depreciation expense 500 Supplies expense 2,170 Print Done Enter any number in the edit fields and then click Check Answer. parts 4 remalning Clear All Additional data related to the first quarter of 2018 for Vang Company: Vang Company has provided the following budget information for the first quarter of 2018: Click the icon to view the budget information.) (Click the icon to view the data.) Read the requirements Requirement 1. Prepare Vang Company's schedule of cash receipts from customers and schedule of cash payments for the first quarter of 2018. Begin by preparing the schedule of cash receipts from customers for the first quarter f 2018. Cash Receipts from Customers First Quarter 2018 217000 Total sales Cash Receipts from Customers: Accounts Receivable balance, December 31, 2017 1st Qtr-Sales Total cash receipts from customers Accounts Receivable balance, March 31, 2018: 1st Qtr.-Sales, collected in 2nd Qtr Additional data related to the first quarter of 2018 for Vang Company: Vang Company has provided the following budget information for the first quarter of 2018: EE(Click the icon to view the budget information.) (Click the icon to view the data.) Read the requirements X X iRequirements Data Table 1. Prepare Vang Company'ss schedule of cash receipts from customers and schedule of cash payments for the first quarter 217,000 Total sales f 2018 Budgeted purchases direct materials 40.900 2. Prepare Vang Company's cash budget f the first quarter of 2018. Budgeted direct labor cost 36.500 Budgeted manufacturing overhead costs: Print Done 1,125 Variable manufacturing overhead 900 Depreciation 1st Qtr.-Sales 6.750 Insurance and property taxes Total cash recelpts from customers Budgeted selling and administrative expenses: Salaries expense 4,000 Accounts Receivable balance, March 31, 2018: Rent expense 4,000 1st Qtr.-Sales, oollected in 2nd Otr. 1,400 Insurance expense Depreciation expense 500 Supplies expense 2,170 Print Done Enter any number in the edit fields and then click Check Answer. parts 4 remalning Clear All