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please do in same order and write answers in bold. 8 Clay Corporation has projected sales and production in units for the second quarter of
please do in same order and write answers in bold.
8 Clay Corporation has projected sales and production in units for the second quarter of the coming year as follows May ril 63,000 53,000 73,000 66,500 56,500 56,500 June Sales Production Required a. Cash-related production costs are budgeted at $6.3 per unit produced. Of these production costs, 35% are paid in the month in which they are incurred and the balance in the following month. Selling and administrative expenses will amount to $230,000 per month. The accounts payable balance on March 31 totals $320,000, which will be paid in April. Prepare a schedule for each month showing budgeted cash disbursements for Clay Corporation April une Production cost Cash disbursement: Production costs this month Production costs prior month Selling and administrative Total disbursementsStep by Step Solution
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