Cash disbursements schedule Maris

Brothers, Inc., needs a cash disbursement schedule for the months of April, May, and June. Use the format given here and the following information in its preparation. Sales: February $485, 000; March $ 511, 000; April $562, 000; May $614, 000; June $639, 000; July $664, 000 Purchases: Purchases are calculated as 64% of the next month's sales, 11% of purchases are made in cash, 52% of purchases are paid for 1 month after purchase, and the remaining 37% of purchases are paid for 2 months after purchase. Rent: The firm pays rent of $ 8, 040 per month. Wages and salaries: Base wage and salary costs are fixed at $ 5,700 per month plus a variable cost of 6.6% of the current month's sales. Taxes: A tax payment of $54, 700 is due in

June. Fixed asset outlays: New equipment costing $75, 300 will be bought and paid for in April Interest payments: An interest payment of $30, 500 is due in June. Cash dividends: Dividends of $12, 700 will be paid in April. Principal repayments and retirements: No principal repayments or retirements are due during these months. Schedule of Projected Cash Disbursements

for Maris Brothers, Inc.

Cash disbursements schedule Maris Brothers, Inc., needs a cash disbursement schedule for the of April, May, and June. Use the format given here and the following information in its preparation Sales: February $485,000; March $511,000; April $562,000; May $614,000; June $639,000; July $664 Purchases: Purchases are calculated as 64% of the next month's sales, 11% of purchases are made ir 52% of purchases are paid for 1 month after purchase, and the remaining 37% of purchases are paid f after purchase. Rent: The firm pays rent of $8,040 per month. Wages and salaries: Base wage and salary costs are fixed at $5,700 per month plus a variable cost of current month's sales. Taxes: A tax payment of $54,700 is due in June. Fixed asset outlays: New equipment costing \$75,300 will be bought and paid for in April. Interest payments: An interest payment of $30,500 is due in June. Cash dividends: Dividends of $12,700 will be paid in April. Principal repayments and retirements: No principal repayments or retirements are due during these mo Schedule of Projected Cash Disbursements for Maris Brothers, Inc