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Schedule of cash payments for a service company Horizon Financial Inc. was organized on February 28. Projected selling and administrative expenses for each of the first three months of operations are as follows: Depreciation, insurance, and property taxes represent $30,000 of the estimated monthly expenses. The annual insurance premium was paid on February 28, and property taxes for the year will be paid in June. 59% of the remainder of the expenses are expected to be paid in the month in which they are incurred, with the balance to be paid in the following month. Prepare a schedule of cash payments for selling and administrative expenses for March, April, and May. Sales and Production Budgets Sonic Inc. manufactures two models of speakers, Rumble and Thunder. Based on the following production and sales data for June, prepare (a) a sales bodget and (b) a production budget: a. Prepare a saies budget. b. Prepare a production budget. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Flexible Budget for Assembly Department Cabinaire Inc, is one of the largest manufacturers of office furniture in the United States, In Grand Rapids, Michigan, it assembles filing cabinets in an Assembly Department. Assume the following information for the Assembly Department: Prepare a flexible budget for 15,000,19,000, and 23,000 filing cabinets for the month ending February 28 in the Assemb Department similar to Een b: S. Round your final answers to the whole dollar, if required