Question 17 Use the following information to Answer the Questions Our Business is preparing the Cash Budget for the Upcoming Month of the Following 1. We Estimated that We Will PRODUCE 2.000 od SELL 1.000 Bus Dur the month 2. The Sales price per Unit is $200 Each per Unit 1.70% of All Sales are on Credit and 30% are Cash Sales 2 20% of the Credit Sales are collected during the current month and SOM collected later. Costs include: 1 Direct material = 560 per unit, Direct Labor-580 per unit 2. Sales Related Costs $30 per unit YOK All Variable Costs we paid during the current month and 10are paid in the Next Month Manufacturing Salaries $9.000 per month 5. Factory Rent Costs - $1,000 month Machinery Depreciation $4.000 per month 7SGA Costs - $3,000 per month All Fixed Costs are paid for Ouring the month incurred 4 We Plan To Sell Someondiment and Get Cash during the The Estimated Cash Balance for June 1st 555.000 and the required $30,000. . We can Borrow cash from the Bankata Rate of 12.00% via Line Minimum 2.000 Increments Please Answer the questions Below. Enter Al Numbers as Numbers Only with No Commar. Decimal, Dollar Signa Other Symbols Show a Negative Number with Parens as follows 10 = (10) 1.Compute the Budgeted Receipts 2.Compute the Budgeted Available Cash 3.Compute the Budgeted Variable Cash Disbursements Compute the Budgeted Total Cash Disbursements 5.Compute the Budgeted End Cash Balance Excess or (Deticiency. Before Any Financing for the Month Compute the TOTAL Amount of Borrowing Needed. Any Make sure to Borrow enough to cover any interest Payments and the Cash Requirements and Borrowing Must be Done in 1.000 Dollar increments 7. Compute the cost of interest for One Month Using the Amount Financed from Above 1. Computer Budgeted NetCash Flow IN Financing Amounts OUTI B .Do Not include Compute the budgeted Net Income Lul for the Month. Using the Contribution Income Statement Method 10 Compute the Dollar Derence between the Budgeted Netcome o Budgeted Net Cash Flow n ! Name the one largest reason why there weiterence between the Net Income and the Net Cash Flow for the BUDGET Spell Correctly Using ALL CAPS with a space Question 17 Use the following information to Answer the Questions Our Business is preparing the Cash Budget for the Upcoming Month of the Following 1. We Estimated that We Will PRODUCE 2.000 od SELL 1.000 Bus Dur the month 2. The Sales price per Unit is $200 Each per Unit 1.70% of All Sales are on Credit and 30% are Cash Sales 2 20% of the Credit Sales are collected during the current month and SOM collected later. Costs include: 1 Direct material = 560 per unit, Direct Labor-580 per unit 2. Sales Related Costs $30 per unit YOK All Variable Costs we paid during the current month and 10are paid in the Next Month Manufacturing Salaries $9.000 per month 5. Factory Rent Costs - $1,000 month Machinery Depreciation $4.000 per month 7SGA Costs - $3,000 per month All Fixed Costs are paid for Ouring the month incurred 4 We Plan To Sell Someondiment and Get Cash during the The Estimated Cash Balance for June 1st 555.000 and the required $30,000. . We can Borrow cash from the Bankata Rate of 12.00% via Line Minimum 2.000 Increments Please Answer the questions Below. Enter Al Numbers as Numbers Only with No Commar. Decimal, Dollar Signa Other Symbols Show a Negative Number with Parens as follows 10 = (10) 1.Compute the Budgeted Receipts 2.Compute the Budgeted Available Cash 3.Compute the Budgeted Variable Cash Disbursements Compute the Budgeted Total Cash Disbursements 5.Compute the Budgeted End Cash Balance Excess or (Deticiency. Before Any Financing for the Month Compute the TOTAL Amount of Borrowing Needed. Any Make sure to Borrow enough to cover any interest Payments and the Cash Requirements and Borrowing Must be Done in 1.000 Dollar increments 7. Compute the cost of interest for One Month Using the Amount Financed from Above 1. Computer Budgeted NetCash Flow IN Financing Amounts OUTI B .Do Not include Compute the budgeted Net Income Lul for the Month. Using the Contribution Income Statement Method 10 Compute the Dollar Derence between the Budgeted Netcome o Budgeted Net Cash Flow n ! Name the one largest reason why there weiterence between the Net Income and the Net Cash Flow for the BUDGET Spell Correctly Using ALL CAPS with a space
