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please help id appreciate it thank you! please do the expected cash budgets and cash flow budget and then all the otjer ones too earnings
please help id appreciate it thank you! please do the expected cash budgets and cash flow budget and then all the otjer ones too earnings was $1,634,442 at the beginning of the quarter. Accounts receivable had a beginning balance of $1,200,000. Seventy percent of sales are collected in the month of sale and 30 percent are collected in the following month. Accounts payable had a beginning balance of $900,000. Forty percent of purchases are paid for in the month of purchase and 60 percent are paid for the following month. Cash had a beginning balance of $2,000,000 on July 1 . The company pays a 3% commission on sales. The company issued an additional $57,600 in common stock during the period. Company has fixed selling and administrative expenses as follows: Rent $6,000 month Utilities $1,200/ month Advertising $400/ month Office Salaries $35,000 imonth Complete the following instructions: A. Prepare a sales budget and schedule of expected tash follections for the quarter. B. Prepare a production budget for the quarter: C. Prepare a direct materials budget in pounds and dollars for the quarter and schedule of expected cash disbursements Prepare a direct labor budgot in hours and total cost for the quarter Prepare a manufacturing overhead budget for the quarter. Prepare a seling and administrative expense budget for the quarter. Prepare a cash budgot for the quarter. Prepare a budged income statement for the quarter-the corporation pays 21% of net operating income in federal income taxes (the state is incorporated in South Dakota where there is no state income tax) Prepare a budgeled balance sheet at the end of the quarter Accounting Artifacts is a business created to sell lifesize abaci. Below are details regarding the budgetary assumpts for quarter three. Complete the following instructions: A. Prepare a sales budget and schedule of expected cash follections for the quarter. B. Prepare a production budget for the quarter. C. Prepare a direct D. Prepare a direct labor budget in hours and total cost for the quarter. E. Prepare a manufacturing overhead budget for the quarter. F. Prepare a selling and administrative expense budget for the quarter. G. Prepare a cash budget for the quarter. H. Prepare a budged income statement for the quarter-the corporation pays 21% of net operating income in federal income taxes (the state is incorporated in South Dakota where there is no state income tax). 1. Prepare a budgeted balance sheet at the end of the quarter. earnings was $1,634,442 at the beginning of the quarter. Accounts receivable had a beginning balance of $1,200,000. Seventy percent of sales are collected in the month of sale and 30 percent are collected in the following month. Accounts payable had a beginning balance of $900,000. Forty percent of purchases are paid for in the month of purchase and 60 percent are paid for the following month. Cash had a beginning balance of $2,000,000 on July 1 . The company pays a 3% commission on sales. The company issued an additional $57,600 in common stock during the period. Company has fixed selling and administrative expenses as follows: Rent $6,000 month Utilities $1,200/ month Advertising $400/ month Office Salaries $35,000 imonth Complete the following instructions: A. Prepare a sales budget and schedule of expected tash follections for the quarter. B. Prepare a production budget for the quarter: C. Prepare a direct materials budget in pounds and dollars for the quarter and schedule of expected cash disbursements Prepare a direct labor budgot in hours and total cost for the quarter Prepare a manufacturing overhead budget for the quarter. Prepare a seling and administrative expense budget for the quarter. Prepare a cash budgot for the quarter. Prepare a budged income statement for the quarter-the corporation pays 21% of net operating income in federal income taxes (the state is incorporated in South Dakota where there is no state income tax) Prepare a budgeled balance sheet at the end of the quarter Accounting Artifacts is a business created to sell lifesize abaci. Below are details regarding the budgetary assumpts for quarter three. Complete the following instructions: A. Prepare a sales budget and schedule of expected cash follections for the quarter. B. Prepare a production budget for the quarter. C. Prepare a direct D. Prepare a direct labor budget in hours and total cost for the quarter. E. Prepare a manufacturing overhead budget for the quarter. F. Prepare a selling and administrative expense budget for the quarter. G. Prepare a cash budget for the quarter. H. Prepare a budged income statement for the quarter-the corporation pays 21% of net operating income in federal income taxes (the state is incorporated in South Dakota where there is no state income tax). 1. Prepare a budgeted balance sheet at the end of the quarter
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