ps://www. oblem 1 of 1 (1 complete) Data Table on Dec wing by % in the Selling an 18 are pa Credit ace shee December 31, 2018 Account Debit Cash 5 40,000 Accounts Receivable 17.900 Raw Materials Inventory 12.000 Finished Goods Inventory 25,700 Equipment 150,000 Accumulated Depreciation Accounts Payable Common Stock Retained Earnings 5 245,500.5 Totals 5 30,000 11,500 110.000 94.000 245,600 Answer Print Done o BE i Data Table $ 308,000 34,000 10,000 2,600 600 Budgeted total sales, all on account Budgeted direct materials to be purchased and used Budgeted direct labor cost Budgeted manufacturing overhead costs. Variable manufacturing overhead Depreciation Insurance and property taxes Budgeted cost of goods sold Budgeted selling and administrative expenses Salaries expense Rent expense Insurance expense Depreciation expense 1,250 71,000 11,000 1.000 1.000 100 Print Jone i Data Table 2,600 600 1,250 71,000 11.000 Variable manufacturing overhead Depreciation Insurance and property taxes Budgeted cost of goods sold Budgeted selling and administrative expenses: Salaries expense Rent expense Insurance expense Depreciation expense Supplies expense Budgeted cash receipts from customers Budgeted income tax expense Budgeted purchase and payment for capital expenditures (additional equipment) 1,000 1.000 100 9,240 261,500 43,000 41,000 Print Done Additional information: a. Direct materials purchases are paid 50% in the quarter purchased and 50% in the next quarter. b. Direct labor, manufacturing overhead selling and administrative costs, and income tax expense are paid in the quarter incurred C Accounts payable at December 31, 2018 are paid in the first quarter of 2019. Read the requirements Assets Current Assets Cash Accounts Receivable Raw Materials Inventory Finished Goods Inventory Total Current Assets Property. Plant and Equipment Equipment Less Accumulated Depreciation Total Assets Liabilities Current Liabilities: Accounts Payable Stockholders' Equity Common Stock Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity ps://www. oblem 1 of 1 (1 complete) Data Table on Dec wing by % in the Selling an 18 are pa Credit ace shee December 31, 2018 Account Debit Cash 5 40,000 Accounts Receivable 17.900 Raw Materials Inventory 12.000 Finished Goods Inventory 25,700 Equipment 150,000 Accumulated Depreciation Accounts Payable Common Stock Retained Earnings 5 245,500.5 Totals 5 30,000 11,500 110.000 94.000 245,600 Answer Print Done o BE i Data Table $ 308,000 34,000 10,000 2,600 600 Budgeted total sales, all on account Budgeted direct materials to be purchased and used Budgeted direct labor cost Budgeted manufacturing overhead costs. Variable manufacturing overhead Depreciation Insurance and property taxes Budgeted cost of goods sold Budgeted selling and administrative expenses Salaries expense Rent expense Insurance expense Depreciation expense 1,250 71,000 11,000 1.000 1.000 100 Print Jone i Data Table 2,600 600 1,250 71,000 11.000 Variable manufacturing overhead Depreciation Insurance and property taxes Budgeted cost of goods sold Budgeted selling and administrative expenses: Salaries expense Rent expense Insurance expense Depreciation expense Supplies expense Budgeted cash receipts from customers Budgeted income tax expense Budgeted purchase and payment for capital expenditures (additional equipment) 1,000 1.000 100 9,240 261,500 43,000 41,000 Print Done Additional information: a. Direct materials purchases are paid 50% in the quarter purchased and 50% in the next quarter. b. Direct labor, manufacturing overhead selling and administrative costs, and income tax expense are paid in the quarter incurred C Accounts payable at December 31, 2018 are paid in the first quarter of 2019. Read the requirements Assets Current Assets Cash Accounts Receivable Raw Materials Inventory Finished Goods Inventory Total Current Assets Property. Plant and Equipment Equipment Less Accumulated Depreciation Total Assets Liabilities Current Liabilities: Accounts Payable Stockholders' Equity Common Stock Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity