oncordia Managerial Accounting (COMM 305 RACCO 2 Problem 10.39A-9 The controller of Harrington Company estimates sales and production for the first four months of 2020 as follows: BACK NEXT Sales January $33,000 February $43,700 1.600 March $53,600 1.800 Production in April $25,300 2.600 its 1.100 Sales are com per k needs. cash and e t ma on accounts and some of credit sales are collected in the month of the sale. In the month at the sale or forw ar d ed t o direct materials to produce a nished unit, and direct materials ns purchases are on account and are paid as follows: 40% in the month of the purchase and the following month Ending direct materials inventory for each month is 40% of the next month's production January beginning materials inventory is 1,10 kg Suppose that both accounts receivable and accounts payat are not the beginning of January What are the total cash sales for the January March quarter? What is the accounts receivable balance at the end of March? Accounts receivable balance What is the direct materials inventory balance at the end of March Direct materials inventory balance What are the materials uchas costs for February Material purchases for February What are cash payments on account for February Cash payments on account A& E FRA 200M 212000