HW Score: 0%, 0 of 100 points Points: U of 100 (Theo view the materials and later securements, the direct materisk matares, and additional inventory information) (Check the room to vw the folowing selected January 2021 bucets Revenue, Diect material purchasse, Orect manufacturing aber cost, Venable manufacturing overhead and Ending inventory.) ACC 2411 Cost Accounting il Homework: Chapter 6 - Problem 6-43 Question 1, P6-43 (similar to) Part 2 of 7 Skuters, Inc. manuractures and sels snowboards Skutas manufactures a single mode, the Hiper, in late 2020, Skutes's management accountant gathered the following date to prepare budgets for January 2001 (Click the icon to wow the budgeted balances and additional information pertaining to the can budget. (Click the icon to view the additional variable and food manufacturing cost information)) Read the mes Requirement 1. Prepare a cash budget for January 2021. Show supporting schodules for the calculation or collection of rocorvables and payments of accounts payable and for disbursements for fixed manufacturing and operating (nonmanufacturing) overhead Uogin by preparing the supporting schedule for the calculation of collection of receivables. Schedule of Cash Collections From December 2020 sales From January 2021 saics Totalcollections 1,290,000 325,000 1,815,000 Neal prepare the supporting schedule for the payments of actuants payetle Schedule of Cash Payments for Accounts Payable From December 2020 purchases From January 2021 purchases Total cash payments for accounts payack Data table Budgeted belences at January 31, 2021 are as lows Dash Accounts recebe Inventory ? Property, plant, and equipment (c) 503,000 2 Long-tommables 181 CUD Stockholders quly ? Print Done Requirements 1. Prepayel ke masy 2021 Show spring fr the calculation of colection of receivables and payments of accounts pavabic, and for disbursements for mod manufacturing and operating inonmanufacturnoi overhead Skubasis interested in mamaining a minimum cash balance of $160.000 at the end of ach month WI Skubas be in a position to pay the 3140 000 dividend on January 319 Why do Skubas managers prepare a cash huge in action to the revenue expenses, and operating income budge Prepare a budgeted balance sheet for January 31, 2021 by calculating the January 31, 2021 balances in (a) cash (by accounts recevable contr id accounts payable and fa) pugning in the balance for stock wonity Prin Done Reference Revenue Budget Snowbands For January 2021 Units Seling price 2000 Total revenues R 1 300 000 Physical Units Budget Direct Materials Purchases Budget For January 2021 Material Wood Fiberglass Total To be used in production 22000 b1 Add amet ending inventory fels curement 101 17,000 yards 2,000. 23530 19,50 Doduct beginning my Purchases to be made Cost Budget 20301 1,030 yards 21.300 18,000 b.f yards $ 140,500 $ 50,300 Purchases Direct Manufacturing Labor Costs Budget For January 2021 Output Units Produced DMLH Total per Unit Snowboards 2.200 0 Hours 11.000 Hourly Wage Rate Total $ 20 $ 300,000 Jolah. Vamang overhead a Vanate manulclung vores s Save