Assume the following data for Pet Gear Company Click the icon to view the assumptions.) Click the icon to view budget information) Requirement Prepare a cash budget for April for Pet Gear. (Round your answers to the nearest whole dollar.) Begin the cash budget by calculating the cash available, then total disbursements, and finally the allocts of financing and the ending cash balance, Cash Budget April 30, 20XX Cash balance, April 1, 20XX Add receipts Total cash avalable for needs X More Info Pet Gear (PG) does not make any sales on credit PG sells only to the public, and accepts cash and credit cards of its sales, 90% are to customers using credit cards, for which PG gets the cash right away, less a 3% transaction fee. Purchases of materials are on account. PG pays for half the purchases in the period of the purchase, and the other half in the following period. At the end of March, PG owes suppliers $8,900. During April they plan to purchase direct materials worth $16,900. . PG plans to replace a machine in April at a not cash cost of $13,100 Labour other production costs and nonproduction costs are paid in cash in the month incurred except of course, depreciation, which is not a cash flow. For April, $21,500 of the production cost and $10,000 of the nonproduction cost is depreciation PG currently has a $2,100 loan at an annual interest rate of 24%. The interest is paid at the end of each month. If PG has more than $10,000 cash at the end of April it will pay back the loan. PG owes $5,800 in income taxes that need to be remitted in April. PG has cash of $5,200 on hand at the end of March. Print Done 1 Data Table Revenue Budget For the Month of April Units Selling price Total Revenues 600 $ 160 S 96,000 300 250 75,000 $ 171,000 Manufacturing Overhead Budget For the Month of April Machine setup costs $ 7.100 Processing costs 51,100 Inspection costs 100 S Total 58,300 Cat-allac Dog-eriffic Total Direct Manufacturing Labour Costs Budget For the Month of April Output units DMLH Total Hourly produced per unit Hours Wage Rate Nonmanufacturing Costs Budget For the Month of April Salaries $ 18,800 Total Print Done Data Table 600 $ 160 S 51,100 96,000 75,000 Cat-allac Dog-erific Total Processing costs Inspection costs 100 300 250 $ 171,000 $ 58,300 Total Direct Manufacturing Labour Costs Budget For the Month of April Output units DMLH Total Hourly produced Hours Wage Rate Total 3 1,860 $ 12 $ 22,320 285 5 1.425 12 17,100 $ 39,420 per unit Nonmanufacturing Costs Budget For the Month of April Salarios $ 18,800 Other fixed costs 18.100 Sales commissions 1.710 $ 38,610 Total nonmanufacturing costs Cat-allac 620 Dog-eriffic Total Print Done