Haney Compacy hes geovided the lollowing busget intormaben for the fint quarte of 2024 ICEdek the koon to view the budpet inlomation) Addibrul data rilaled to the fint querer of 2024 foc Plangy Cocpany (B) (Clak tie kop lo vera bir date) Plad the cewininesta Begia by preparing the sodedde d cash recipht hom cotsmen ler the that quater of 2024 Cenb Recelpis froin Customers Fing Cuater Data table More info parcheses and piti in the fol quarer quater lotowing tos tale the neat cuater pacd hi the quarte ingered Hie quiner hicuied bogrowing hi he fret quarter Requirement 1. Prepare Haney Company's schedule of cash recelpts from customers and schedule of cash payments for the first quarter of 2024 Begin by preparing the schedule of cash receipts from customers for the first quarter of 2024 Cash Receipts from Customers Cash Payments Total direct materials purchases Cash Payments Direct Materials: Accounts Payable balance, December 31, 2023 1st Qtr-Direct material purchases Total payments for direct materials Direct Labor: Total payments for direct labor Manufacturing Overhead: Total payments for manufacturing overhead Selling and Administrative Expenses: Total payments for Selling and Admin. expenses Income Taxes: Total payments for income taxes Income Taxes: Total payments for income taxes Capital Expenditures: Total payments for capital expenditures Total cash payments Accounts Payable balance, March 31, 2024 1st Qtr-Direct materials purchases, paid in 2nd Qtr. Requirement 2. Prepare Haney Company's cash budget for the first quarter of 2024. Review the schedule of cash receipts from customers you prepared in Requirement 1. Review the schedule of cash payments you prepared in Requirement 1 . Haney Compacy hes geovided the lollowing busget intormaben for the fint quarte of 2024 ICEdek the koon to view the budpet inlomation) Addibrul data rilaled to the fint querer of 2024 foc Plangy Cocpany (B) (Clak tie kop lo vera bir date) Plad the cewininesta Begia by preparing the sodedde d cash recipht hom cotsmen ler the that quater of 2024 Cenb Recelpis froin Customers Fing Cuater Data table More info parcheses and piti in the fol quarer quater lotowing tos tale the neat cuater pacd hi the quarte ingered Hie quiner hicuied bogrowing hi he fret quarter Requirement 1. Prepare Haney Company's schedule of cash recelpts from customers and schedule of cash payments for the first quarter of 2024 Begin by preparing the schedule of cash receipts from customers for the first quarter of 2024 Cash Receipts from Customers Cash Payments Total direct materials purchases Cash Payments Direct Materials: Accounts Payable balance, December 31, 2023 1st Qtr-Direct material purchases Total payments for direct materials Direct Labor: Total payments for direct labor Manufacturing Overhead: Total payments for manufacturing overhead Selling and Administrative Expenses: Total payments for Selling and Admin. expenses Income Taxes: Total payments for income taxes Income Taxes: Total payments for income taxes Capital Expenditures: Total payments for capital expenditures Total cash payments Accounts Payable balance, March 31, 2024 1st Qtr-Direct materials purchases, paid in 2nd Qtr. Requirement 2. Prepare Haney Company's cash budget for the first quarter of 2024. Review the schedule of cash receipts from customers you prepared in Requirement 1. Review the schedule of cash payments you prepared in Requirement 1