Haney Company has provided the following budget information for the first quarter of 2018: (Click the icon to view the budget information.) Additional data related to the first quarter of 2018 for Haney Company (Click the icon to view the data.) Read the requirements. Requirement 1. Prepare Haney Company's schedule of cash receipts from customers and schedule of calh payments for the first quarter of 2018. Begin by preparing the schedule of cash receipts from customers for the first quarter of 2018. Cash Receipts from Customers Total sales Cash Receipts from Customers: Accounts Receivable balance, December 31, 2017 1st Qtr-Sales Total cash receipts from customers Accounts Receivable balance, March 31, 2018: 1st Qtr-Sales, collected in 2nd Qtr. nodocs example Get more help - First Quarter 2018 MacBook Clear all Check answer aney Compa 2018: Data table (Click the -X related to the first quarter of con to view the data.) rements. Total sales 214,000 Budgeted purchases of direct materials 41,450 Budgeted direct labor cost 36,700 equirement payments for the first quarter Budgeted manufacturing overhead costs: egin by prepa Variable manufacturing overhead 1,000 Cash Receipt Depreciation 1,100 Insurance and property taxes 6,950 Budgeted selling and administrative expenses: Total sales Cash Receipt Accounts Rec Salaries expense 12,000 Rent expense 1,000 1st Qtr.-Sale Total cash rec Insurance expense Depreciation expense Supplies expense 1,500 600 6,420 Accounts Red 1st Qtr.-Sales example Get more help Print Done Clear all Haney Company has provided the following budget information for the first quarter of 2018: (Click the icon to view the budget information.) Additional data related to the first quarter of 20 (Click the icon to view the data.) Read the requirements. Requiren Begin by Cash Re Total sale Requirements 1. Prepare Haney Company's schedule of cash receipts from customers and schedule of cash payments for the first quarter of 2018. 2. Prepare Haney Company's cash budget for the first quarter of 2018. Cash Re Accounts 1st Qtr.- Total cash receipts front customers Print Done Accounts Receivable balance, March 31, 2018: 1st Qtr.-Sales, collected in 2nd Qtr. Ocs example Get more help -X hents for the first quarter c Clear all Manufacturing Overhead: Variable manufacturing overhead Insurance and property taxes Total payments for manufacturing overhead Selling and Administrative Expenses: Salaries Expense Rent Expense Insurance Expense Supplies Expense Total payments for Selling and Admin. expenses modocs example Get more help - MacBook Income Taxes: Total payments for income taxes Capital Expenditures: Total payments for capital expenditures Total cash payments Accounts Payable balance, March 31, 2018 1st Qtr.-Direct materials purchases, paid in 2nd Qtr. cs example Get more help MacBook Cooke Company Cash Budget For the Quarter Ended March 31, 2018 Beginning cash balance Cash receipts Cash available Cash payments: Purchases of direct materials Direct labor Manufacturing overhead Selling and administrative expenses Income taxes Capital expenditures Total cash payments Ending cash balance doce oxample