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I have some of it done but it may not be correct...please help! The Denver Corporation has forecast the following sales for the first seven

I have some of it done but it may not be correct...please help!

The Denver Corporation has forecast the following sales for the first seven months of the year:

January $ 28,000 May $ 28,000
February 30,000 June 34,000
March 32,000 July 36,000
April 38,000

Monthly material purchases are set equal to 30 percent of forecasted sales for the next month. Of the total material costs, 40 percent are paid in the month of purchase and 60 percent in the following month. Labor costs will run $5,800 per month, and fixed overhead is $11,000 per month. Interest payments on the debt will be $4,800 for both March and June. Finally, the Denver salesforce will receive a 2.00 percent commission on total sales for the first six months of the year, to be paid on June 30.

Prepare a monthly summary of cash payments for the six-month period from January through June. (Note: Compute prior December purchases to help get total material payments for January.)
Denver Corporation Cash Payments Schedule
December January February March April May June July
Sales $ $ $ $ $ $ $
Purchases $ $ $ $ $ $ $
Payments:
Payment for material purchases $ $ $ $ $ $
Monthly labor cost
Monthly fixed overhead
Interest expense
Sales commission expense
Total payments $ $ $ $ $ $

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