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please help, thank you! ma-cho Print hom Cash Payments Schedule Fein Company provided the following information relating to cash payments a. Fein purchased direct materials
please help, thank you!
ma-cho Print hom Cash Payments Schedule Fein Company provided the following information relating to cash payments a. Fein purchased direct materials on account in the following amounts: June $60,000 July 77.000 August 23.000 b. Fein Days 20% of accounts payable in the month of purchase and the remaining to in the towing onth c. In July, direct sbor cost wa $35,300. August direct labor cost was $35,400. The companied that typically for the the following month d. August overed amounted to 573,200, including 350 of depresion Teln had taken out a month loan of 522.000 on May 1. stue with another That Use whole months to computer test payment) Required: Prepare a schedule of cash payments for Fein Company for the month of August. Be sure to enter percentages as whole numbers Fein Company Schedule of Cash Payments For August August Payments on accounts payablet From July purchases From August purchases X Direct labor payments: From July From August 11 x Overhead Loan repayment Cash payment Step by Step Solution
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