Estilos Edicin Problem II Reptin Corporation's sales of shoes on account. Past collection, history indicates that credit sales are collected as follows: La corporacin Roptin vende zapatos a crdito y cobra a sus clientes de la siguiente forma: 30% in the month of sale 60% in the month following sale 10% in the second month following sale 30% en el mes de la venta 60% en el mes siguiente a la venta 10% en el segundo mes siguiente a la venta In January, sales were $42,000 and February sales were $45.000. Projected sales for March are 4,800 pares de zapatos at $10 each pair (S48,000). Projected sales for April are 5,000 zapatos at $12 each pair (560,000). The cash balance at March 1, 2019 was $6,850. Ventas de enero fueron $42,000 y de febrero fueron $45.000. Las ventas proyectadas para el mes de marzo son 4,800 pares de zapatos a $10 cada par (48,000). Las ventas proyectadas para el mes de abril son 3,000 zapatos a $12 cada par ($60,000). El balance inicial del efectivo es de $6,850 al 1 de marzo de 2019. Roprin expects to purchase $26,000 of materials in February and $28,000 of materials in March Three-quarters (75%) of all purchases are paid for in the month of purchase, and the other one fourth (2596) is paid for in the month following the month of purchase. All other fixed expenses are $8,000 per month and are paid in the month incurred Roprinespera comprar $26.000 de materiales en febrero y $28.000 de materiales en marzo. Tres cuartas partes (75%) de todas las compras se pagaron en el mes de la compra y la otra cuarta parte (25%) es pagada en mes que le sigue al de la compra. Todos los otros gastos de $8,000 por mes y son pagados en el mes incurrido Financial Section (borrowings and/or payments are not considered La Seccin Financiera (prstamos y/o pagos no tiene que considerarla. Instructions: A Prepare the cash collections and cash payments schedules for March 2019. B. Prepare a cash budget for the month ended 31 March 2019 A B Prepare los informes de los cobros de efectivo y de los pagos efectivo para marzo de 2019 Prepare el Presupuesto de efectivo para mes terminado el 31 de marzo de 2019, Concentracion 0 00 SPOSO DELL Solution Problem II January 30% $ March S February 60% S 30% Expected Collections for Credit Sales 1 January (Credit Sales = February (Credit Sales March (Credit Sales = ) Total Creit Sales Collections 10% 60% 30% S Expected Payments for Direct Materials February 75% S February (Credit purchases March (Credit purchases Total Payments ) ) March 25%S 75% Ropin Corporation Cash Budget For the month ended 31 March 2019 Beginning Balance Add: Cash Collections for March Total Cash Available Less: Cash Disbursements: Cash payments for March purchases Other fixed expenses Total Cash Disbursements for March Net cash receipts over (under) payments (Ending Cash Balance) DELL