questions:

what are the cash payments on account for February? What is the ending balance in accounts payable for March? What is the change in the cash balance for the period January- March?

thank you

STANDARD VIEW PRINTER VERSION BACK NEXT Problem 10.39A a-9 The controller of Harrington Company estimates sales and production for the first four months of 2020 as follow Sales January $33,000 1,100 February $43,700 1,000 March $53,600 1,800 April $25,300 2,600 Production in units Sales are 40% cash and 60% on account, and 60% of credit sales are collected in the month of the sale. In the month after the sal, 40% of credit sales are collected. It takes 4 kg of direct materials to produce a finished unit, and direct materials COST $5 per kg. All direct materials purchases are on account, and are paid as follows: 40% in the month of the purchase and 60 the following month Ending direct materials inventory for each month is 40 of the next month's production January's beginning materials inventory is 1,010 kg. Suppose that both accounts receivable and accounts payable are zero at the beginning of January