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34,000 units.) Shredder Manufacturing pays for 60 percent of its material purchases in the month of purchase and 40 percent in the following month. Note:
34,000 units.) Shredder Manufacturing pays for 60 percent of its material purchases in the month of purchase and 40 percent in the following month. Note: Do not use negatives signs in any of the schedules below. a. Prepare a sales budget for January, February, and March. b. Prepare a production budget for January, February, and March. Note: Do not use a negative sign with your answers. c. Prepare a purchases budget for January, February, and March. Note: Do not use negative signs with your answers. e. Prepare an overhead budget for January, February, and March. f. Prepare a cash receipts schedule for sales and a cash payments schedule for material purchased. Cash Receipts Schedule Cash Payments Schedule
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