PE 6-5A Cost of goods sold budget Prepare a cost of goods sold budget for MyLife Chronicles Inc. using the informati in Practice Exercises 6-3A and 6-4A. Assume the estimated inventorie 2016, for finished goods and work in process were $25,000 and $19,000, respective Also assume the desired inventories on December 31, 2016, for finished goods and wo in process were $31,500 and $16,700, respectively. Factory overhead was budgeted $197,100. OB s on January PE 6-5B Cost of goods sold budget Prepare a cost of goods sold budget for Magnolia Candle Inc. using the information ractice Exercises 6-3B and 6-4B. Assume the estimated inventories on January 1, 20 for finished goods and work in process were $9,800 and $3,600, respectively. Also assu the desired inventories on December 31, 2016, for finished goods and work in proc were $12,900 and $3,500, respectively. Factory overhead was budgeted at $109,600 PE 6-6A Cash budget MyLife Chronicles Inc. collects 30% of its 70%in the month following the sale. If sales on account are budgeted to be silo for June and $200,000 for July, what are the budgeted cash receipts irom OBJ le a sales on account in the month of the sa account for July? 9 PE 6-6B Cash budget OBJ oBl Magnolia Candle Inc. pays 10% of its purchases on account in the month of the and 90% in the month following the purchase. If purchases are budgeted to for March and $12,700 for April, what are the budgeted cash payments for purc account for April? be $11,9 PE 6-5A Cost of goods sold budget Prepare a cost of goods sold budget for MyLife Chronicles Inc. using the informati in Practice Exercises 6-3A and 6-4A. Assume the estimated inventorie 2016, for finished goods and work in process were $25,000 and $19,000, respective Also assume the desired inventories on December 31, 2016, for finished goods and wo in process were $31,500 and $16,700, respectively. Factory overhead was budgeted $197,100. OB s on January PE 6-5B Cost of goods sold budget Prepare a cost of goods sold budget for Magnolia Candle Inc. using the information ractice Exercises 6-3B and 6-4B. Assume the estimated inventories on January 1, 20 for finished goods and work in process were $9,800 and $3,600, respectively. Also assu the desired inventories on December 31, 2016, for finished goods and work in proc were $12,900 and $3,500, respectively. Factory overhead was budgeted at $109,600 PE 6-6A Cash budget MyLife Chronicles Inc. collects 30% of its 70%in the month following the sale. If sales on account are budgeted to be silo for June and $200,000 for July, what are the budgeted cash receipts irom OBJ le a sales on account in the month of the sa account for July? 9 PE 6-6B Cash budget OBJ oBl Magnolia Candle Inc. pays 10% of its purchases on account in the month of the and 90% in the month following the purchase. If purchases are budgeted to for March and $12,700 for April, what are the budgeted cash payments for purc account for April? be $11,9