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I am stuck here. Please help and show cell formulas! 1) Cooper Hardware Co. is preparing its master budget for the quarter ended June 30

I am stuck here. Please help and show cell formulas!
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1) Cooper Hardware Co. is preparing its master budget for the quarter ended June 30 Sales Information The company sells a single product for $60 each. Sales are split between 40% cash and 60% on credit (A/R). All credit sales are collected in the following month. The Accounts Receivable balance on March 31 is $10,000 Budgeted sales are as follows: Product Cost and Inventory Information The product cost is $31 per unit. The desired ending inventory is 25% of the next month's sales in units. Inventory in units for March 31: 250 units Purchases are paid 85% in the month of the purchase and 15% the next month. The Accounts Payable Balance on March 31 is $8,000 Operating Expense Information Commission - (10\% of Sales) Shipping - (3\% of Sales) Office Salaries - $3500 per month Rent Expense - $4000 per month Depreciation Expense - $2000 per month epare the following budgets for the months of April, May and June ( ndQtr Total Budget) (You must use excel to format the budgets) a) Sales Budget b) Table of Cash Receipts c) Merchandise Purchase Budget d) Table of cash disbursement for Purchase of merchandise (Product Cost) e) Table of cash disbursements for selling and administrative expenses HINT: Cash Disbursements - means cash going out

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