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5. Prepare Langicy s seg ad astrative exse budget for the tirst quarte of 2019. P22-39A Preparing a financia budget-schedule of cash receipts, schedule of
5. Prepare Langicy s seg ad astrative exse budget for the tirst quarte of 2019. P22-39A Preparing a financia budget-schedule of cash receipts, schedule of cash payments, cash budget Puckett Company has provided the following budget information for the first quarter of 2018: Total sales Budgeted purchases of direct materials Budgeted direct labor cost Budgeted manufacturing overhead costs: $216,000 40,600 36,800 Variable manufacturing overhead Depreciation Insurance and property taxes 1,025 1,000 6,650 Budgeted selling and administrative expenses: Salaries expense Rent expense Insurance expense Depreciation expense Supplies expense 14,000 2,500 2,000 350 4,320
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