mes a Qu Yasmin Company manufactures luggage sets. Yasmin sells its luggage sets to department stores. Yasmin expects to sell 1,800 luggage sets for $180 each in January and 2.150 luggage sets for $180 each in February. All sales are cash only. Prepare the sales budget for January and February Yasmin Company Sales Budget Two Months Ended January 31 and February 28 January February Budgeted luggage sets to be sold Sales price per set Total sales 102 OGENO N@C%*&& 12 Yeoman has 514,500 in cash on hand on January 1 and has collected the following budget data: (Click on the icon to view the budget data.) Assume direct labor costs and manufacturing overhead costs are paid in the month incurred. Additionally, assume Yaman has cash payments for selling and administrative expenses including salaries of $70,000 per month plus commissions that are 2% of sales, all paid in the month of sale. The company requires a minimum cash balance of $5,000. Prepare a cash budget for January and February. Round to the nearest dollar. Wil Yeaman need to borrow cash by the end of February Yeaman Company Cash Budget Two Months Ended January 31 and February 28 Beginning cash balance Cash receipts Cash available Cash payments Purchases of direct materials Direct labor Manufacturing overhead Seng and administrative expense Total cash payments tempts bor Enter any number in the edit fields and then continue to the next question bolo mes a Qu Yasmin Company manufactures luggage sets. Yasmin sells its luggage sets to department stores. Yasmin expects to sell 1,800 luggage sets for $180 each in January and 2.150 luggage sets for $180 each in February. All sales are cash only. Prepare the sales budget for January and February Yasmin Company Sales Budget Two Months Ended January 31 and February 28 January February Budgeted luggage sets to be sold Sales price per set Total sales 102 OGENO N@C%*&& 12 Yeoman has 514,500 in cash on hand on January 1 and has collected the following budget data: (Click on the icon to view the budget data.) Assume direct labor costs and manufacturing overhead costs are paid in the month incurred. Additionally, assume Yaman has cash payments for selling and administrative expenses including salaries of $70,000 per month plus commissions that are 2% of sales, all paid in the month of sale. The company requires a minimum cash balance of $5,000. Prepare a cash budget for January and February. Round to the nearest dollar. Wil Yeaman need to borrow cash by the end of February Yeaman Company Cash Budget Two Months Ended January 31 and February 28 Beginning cash balance Cash receipts Cash available Cash payments Purchases of direct materials Direct labor Manufacturing overhead Seng and administrative expense Total cash payments tempts bor Enter any number in the edit fields and then continue to the next question bolo