5 The treasurer of Unisyms Company has accumulated the following budget information for the first two months of the coming year 26. March Apri Sales $450,000 $520,000 Manufacturing costs 350,000 290,000 Selling and administrative 41,400 46,400 expenses 250,000 Capital additions The company expects to sell about 35%% of its merchandise for cash, Of sales on account, 80% are expected to be collected in full in thee month of the sale and the remainder in the month following the sale. One-fourth of the manufacturing costs are expected to be paid in the month in which they are incurred and the other three-fourths in the following month. Depreciation, insurance, and property taxes represent $6,400 of the probable monthly selling and administrative expenses. Insurance is paid in February, and a $40,000 instalment on income taxes is expected to be paid in April. Of the remainder of the seling and administrative expenses, one-half are expected to be paid in the month in which they are incumed, with the balance paid in the following month. Capital additions of $250,000 are expected to be paid in March Current assets as of March 1 are composed of cash of $45,000 and accounts receivable of $51,000. Current labilities as of March 1 are composed of accounts payable of $121,500 ($102,000 for materials purchases and $19,500 for operating expenses). Management desires to maintain a minimum cash balance of $20,000 Hide cash budget for March and pril. Prepare a m Unisyms Company Cash Budget For the Two Months Ending April 30, 20- April March Estimated cash receipts from: W 6 MacBook Air esc Unisyms Company Cash Budget For the Two Months Ending April 30, 20- March April Estimated cash receipts from Total cash receipts Estimated cash payments for Total cash payments w 11 MacBook Air 88