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please answer all the above Jasper Company has 60% of its sales on credit and 40% for cash. All credit sales are collected in full
please answer all the above Jasper Company has 60% of its sales on credit and 40% for cash. All credit sales are collected in full in the first month following the sale. The company budgets sales of $532,000 for April, $542,000 for May, and $567,000 for June. Total sales for March are $293,200. Prepare a schedule of cash receipts from sales for April, May, and June. Zisk Company purchases direct materials on credit. Budgeted purchases are April, $96,000; May, $126,000; and June, $136,000. Cash payments for purchases are: 70% in the month of purchase and 30% in the first month after purchase. Purchases for March are $86,000. Prepare a schedule of cash payments for direct materials for April, May, and June
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