E9-29A (similar to) The Benthed Company preparing to cash payments budget. The following testo cash payments the company anticipates making during the second quarter of the upcoming year. and the convew the cash payment information) Requirement Prepare a cash payments budget for Apr May, and June and for the quarter (a box is not used in the table leave the box empty, do not enter) More Info The Beveld Company Cash Payments budget For the Months of April through June April Cash payments for direct material 45% of our month purchases 55 of last mont's purchases June Quarter a. The company pays for 45% of its direct material purchases in the month of purchase and the remainder the following month. The company's direct material purchases for March through June are anticipated to be as follows March April May June 3 112.000 $ 138.000 5 0.000 . Direct laboris pard in the month in which is incurred. Director for each oth of the second May June $48.000 38.000.000 c. Manufacturing overhead is owned to be 130of direct labor cost each month This monthly estate includes $37.000 of on the plantanderent. Al manualuring overhead ending depreciation is paid in the more in which it is incurred d. Mortherings to Marchtrough Junere projected to be as follows April May 74000 $ 35.000 39.000 . My operatings we dintre other they are curred operating expenses include $14,000 for moderation on the depard 39.200 for bad debt expense e. The company plans to pay $3.000 for a new server in May. . The company must make an emated to payment of $14.500 on 15 Done En ny number in the cits and then chok Check