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PERSSB (LO 4) The controller of Kari Company'eslimates sales and production for the T4151- {OW months of 2020 as follows: Janna Februarv March 7 April

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\"PERSSB (LO 4) The controller of Kari Company'eslimates sales and production for the T4151- {OW months of 2020 as follows: Janna Februarv March 7 April Sales 540,000 $50,000 $60,000 _ 533.?\" Production in units 2,000 2,500 3,000 3,2300 Sales are 60% cash and 40% on account, and 40% of credit sales are collected in the month of the. sale. In {he month after the sale. 60% of credit sales are collected. It takes 5 kg of direct material to produce a line ishedx unit. and direct materials cost $6 per kg. All direct materials purchases are on account, and are pmd as follows: 609-2 in the month of the purchase and 4097. the foIJOWing month. Ending direct maIErials inventory for each month is 2092 of the next month's production needs. J annary's beginning materials inventory 15 2.000 kg. Suppose that both accounts receivable and accounts payable are zero at the beginning of Imnary. Instructions a. \"mat are the total cash sales for the JanuaryMarch quarter? b. What is the accounts receivable balance at the end of March? c. What is the direct materials inventory balance at the end of March? :1. What are the materials purchases costs for February? e. What are cash payments on account for February? I. What is the ending balance in accounts payable for March? g. What is the change in the cash balance for the period J anuary-March

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