Question 17 Use the following Information to Answer the questions Below Our Business is preparing the Cash Budget for the Upcoming Month of JUNE. Given the Following: 1. We Etimated that we will PRODUCE 2.000 Bes and SELL 1000 B During the month. The Sales price per Unit is $200 Each per Unit 1 70% of All Sales are on Credit and 30% are Cash Sales 20of the Credit Sales are collected during the current month and Kare collected later Costs include: 1. Direct material $60 per unit, Direct Labor=$80 per unit 2. Sales Related Costs $30 per unit 2 90of All Variable costs are paid during the current month and 10K are paid in the Next Month 4. Marvufacturing Salaries $9.000 per month 5. Factory Rent Costs $8.000 month 6. Machinery Depreciation $4.000 per month 7 SGA Costs $3.000 per month All Feed Coats are paid for During the month incurred 4 We Plan To Sell Some Old Equipment and Get Cash during the Month for $11.000 The Estimated Cash Balance for June 1st-$55.000 and the minimum Cash required $50.DOD. & We can Borrow cash from the Bankata Rate of 1200K via Line of Crediti Misimum 1.000 Increments Please Answer the Questions Below Enter All Numbers Numbers Only with NO Comma. Decimals Dollar Signs or Other Symbols. Show Negative Number with Parens as follows-10-10 1.Compute the Budgeted Cash Receipts 2. Compute the Budgeted Available Cash 3 compute the Budgeted Variable Cash Disbursements 4. Compute the Budgeted Total Cash Disbursements 5.Compute the Budgeted End Cash Balance Ercesser Deficiency. Before An Financing for the Month 6.Compute the TOTAL Amount of Borrowing Nedeti Any Make sure to Borrow enough to cover any interest Payments and the Minimum 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 trom Above- 8. Compute the Budgeted Net Cash Flow, IN or Out of the Business Do Not include Financing Amounts. 9.Compute the Budgeted Net Income Los for the Month Using the contribution Income Statement Method 10 Compute the Dollar Difference Between the Budgeted Net Income L and Budgeted Net Cash Flow Name the one largest reason why there is a Difference between the Net Income and the Net Cash Flow for this BUDGET. Spell Correctly Using ALL CAPS with space between words needed