please help with the balance sheet for requirment 4.

Direct Materials Purchases Budget For January 2021 Skubas' CEO expects to sell 1,800 snowboards during January 2021 at an estimated retail price of $550 per board. Further, the CEO expects 2021 beginning inventory of 500 snowboards and would like to end January 2021 with 700 snowboards in stock. Other data include: The inventoriable unit cost for ending finished-goods inventory on December 31, 2020, is $240.00. Assume Skubas uses a FIFO inventory method for both direct materials and finished goods. Ignore work in process in your calculations. Requirement 1. Prepare a cash budget for January 2021. Show supporting schedules for the calculation of collection operating (nonmanufacturing) overhead. Begin by preparing the supporting schedule for the calculation of collection of receivables. Next prepare the supporting schedule for the payments of accounts payable. Schedule of Cash Payments for Accounts Payable Prepare the supporting schedule for disbursements for fixed manufacturing and operating (nonmanufacturing) overhe Schedule of Cash Payments for Fixed Overhead Prepare a cash budget for January 2021. (If an input field is not used in the table, leave the input field empty; do not Variable manufacturing overhead is $10 per direct manufacturing labor-hour. There are also $24,000 in fixed manufacturing overhead costs budgeted for January 2021. Skubas combines both variable and fixed manufacturing overhead into a single rate based on direct manufacturing labor-hours. Variable marketing costs are allocated at the rate of $260 per sales visit. The marketing plan calls for 35 sales visits during January 2021. Finally, there are $32,000 in fixed operating (nonmanufacturing) costs budgeted for January 2021. Selected budgeted information for December 2020 follows: Customer invoices are payable within 30 days. From past experience, Skubas's accountant projects 30% of invoices will be collected in the month invoiced, and 70% will be collected in the following month. Accounts payable relates only to the purchase of direct materials. Direct materials are purchased on credit with 25% of direct materials purchases paid during the month of the purchase, and 75% paid in the month following purchase. Fixed manufacturing overhead costs include $13,000 of depreciation costs a fixed operating (nonmanufacturing) overhead costs include $12,000 of depreciation costs. Direct manufacturing labor and the remaining manufacturing and operating (nonmanufacturing) overhead costs are paid monthly. All property, plant, and equipment acquired during January 2021 were purchased on credit and did not entail any outflow of cash. There were no borrowings or repayments with respect to long-term liabilities in January 2021. On December 15, 2020, Skubas's board of directors voted to pay a $145,000 dividend to stockholders on January 31, 2021. Cost Budget Purchases $480,500 Direct Manufacturing Labor Costs Budget For January 2021 Ending Inventories Budget For January 2021 \begin{tabular}{lcccc|c|} & Quantity & \multicolumn{2}{c|}{ Cost per unit } & Total \\ \hline DirectmaterialsWood & 1,510 & $ & 31 & $ & 46,810 \end{tabular} Now prepare the direct material purchases budget for January 2021. Direct Materiais Purchases Budget For.lanuan 2021 Requirement 4. Prepare a direct manufacturing labor budget for January 2021. (Abbreviation used: DMLH = Direct manufacturing labor ho Direct Manufacturing Labor Costs Budget Requirement 5. Prepare a manufacturing overhead budget for January 2021. Begin the manufacturing overhead cost budgets by first determining the formula, then calculate the variable manufacturing overhead costs. Now prepare the manufacturing overhead cost budgets. Requirement 6 . What is the budgeted manufacturing overhead rate for January 2021 ? Requirement 2. Skubas is interested in maintaining a minimum cash balance of $95,000 at the end of each month. Will Data table Skubas' CEO expects to sell 1,800 snowboards during January 2021 at an estimated retail price of $550 per board. Further, the CEO expects 2021 beginning inventory of 500 snowboards and would like to end January 2021 with 700 snowboards in stock. Other data include: Requirement 10. Prepare a cost of goods sold budget for January 2021. Requirement 11. Prepare the budgeted operating income statement for Snows, Inc., for January 2021. Budgeted Operating Income Statement Data table Budgeted balances at January 31.2021 are as follows: Selected budgeted information for December 2020 follows: Customer invoices are payable within 30 days. From past experience, Skubas's accountant projects 30% of invoices will be collected in the month invoiced, and 70% will be collected in the following month. Accounts payable relates only to the purchase of direct materials. Direct materials are purchased on credit with 25% of direct materials purchases paid during the Requirement 1. Prepare the January 2021 revenues budget (in dollars) Requirement 2. Prepare the January 2021 production budget (in units). Requirement 3. Prepare the direct material usage and purchases budgets for January 2021. Begin with the physical units portion, then prepare the cost budget portion of the direct material usage budget. Direct Materials Purchases Budget For January 2021 Skubas' CEO expects to sell 1,800 snowboards during January 2021 at an estimated retail price of $550 per board. Further, the CEO expects 2021 beginning inventory of 500 snowboards and would like to end January 2021 with 700 snowboards in stock. Other data include: The inventoriable unit cost for ending finished-goods inventory on December 31, 2020, is $240.00. Assume Skubas uses a FIFO inventory method for both direct materials and finished goods. Ignore work in process in your calculations. Requirement 1. Prepare a cash budget for January 2021. Show supporting schedules for the calculation of collection operating (nonmanufacturing) overhead. Begin by preparing the supporting schedule for the calculation of collection of receivables. Next prepare the supporting schedule for the payments of accounts payable. Schedule of Cash Payments for Accounts Payable Prepare the supporting schedule for disbursements for fixed manufacturing and operating (nonmanufacturing) overhe Schedule of Cash Payments for Fixed Overhead Prepare a cash budget for January 2021. (If an input field is not used in the table, leave the input field empty; do not Variable manufacturing overhead is $10 per direct manufacturing labor-hour. There are also $24,000 in fixed manufacturing overhead costs budgeted for January 2021. Skubas combines both variable and fixed manufacturing overhead into a single rate based on direct manufacturing labor-hours. Variable marketing costs are allocated at the rate of $260 per sales visit. The marketing plan calls for 35 sales visits during January 2021. Finally, there are $32,000 in fixed operating (nonmanufacturing) costs budgeted for January 2021. Selected budgeted information for December 2020 follows: Customer invoices are payable within 30 days. From past experience, Skubas's accountant projects 30% of invoices will be collected in the month invoiced, and 70% will be collected in the following month. Accounts payable relates only to the purchase of direct materials. Direct materials are purchased on credit with 25% of direct materials purchases paid during the month of the purchase, and 75% paid in the month following purchase. Fixed manufacturing overhead costs include $13,000 of depreciation costs a fixed operating (nonmanufacturing) overhead costs include $12,000 of depreciation costs. Direct manufacturing labor and the remaining manufacturing and operating (nonmanufacturing) overhead costs are paid monthly. All property, plant, and equipment acquired during January 2021 were purchased on credit and did not entail any outflow of cash. There were no borrowings or repayments with respect to long-term liabilities in January 2021. On December 15, 2020, Skubas's board of directors voted to pay a $145,000 dividend to stockholders on January 31, 2021. Cost Budget Purchases $480,500 Direct Manufacturing Labor Costs Budget For January 2021 Ending Inventories Budget For January 2021 \begin{tabular}{lcccc|c|} & Quantity & \multicolumn{2}{c|}{ Cost per unit } & Total \\ \hline DirectmaterialsWood & 1,510 & $ & 31 & $ & 46,810 \end{tabular} Now prepare the direct material purchases budget for January 2021. Direct Materiais Purchases Budget For.lanuan 2021 Requirement 4. Prepare a direct manufacturing labor budget for January 2021. (Abbreviation used: DMLH = Direct manufacturing labor ho Direct Manufacturing Labor Costs Budget Requirement 5. Prepare a manufacturing overhead budget for January 2021. Begin the manufacturing overhead cost budgets by first determining the formula, then calculate the variable manufacturing overhead costs. Now prepare the manufacturing overhead cost budgets. Requirement 6 . What is the budgeted manufacturing overhead rate for January 2021 ? Requirement 2. Skubas is interested in maintaining a minimum cash balance of $95,000 at the end of each month. Will Data table Skubas' CEO expects to sell 1,800 snowboards during January 2021 at an estimated retail price of $550 per board. Further, the CEO expects 2021 beginning inventory of 500 snowboards and would like to end January 2021 with 700 snowboards in stock. Other data include: Requirement 10. Prepare a cost of goods sold budget for January 2021. Requirement 11. Prepare the budgeted operating income statement for Snows, Inc., for January 2021. Budgeted Operating Income Statement Data table Budgeted balances at January 31.2021 are as follows: Selected budgeted information for December 2020 follows: Customer invoices are payable within 30 days. From past experience, Skubas's accountant projects 30% of invoices will be collected in the month invoiced, and 70% will be collected in the following month. Accounts payable relates only to the purchase of direct materials. Direct materials are purchased on credit with 25% of direct materials purchases paid during the Requirement 1. Prepare the January 2021 revenues budget (in dollars) Requirement 2. Prepare the January 2021 production budget (in units). Requirement 3. Prepare the direct material usage and purchases budgets for January 2021. Begin with the physical units portion, then prepare the cost budget portion of the direct material usage budget