Read the women Data Table elling and administrative expense budget for April and May Book Office Supply sinistra aril and M More info Notebook Om fupply Balance the March 31, 2011 Assets Cuma Ass Cash Annect Merchandise in Preposice Total Current Pet Pantandement Eiland Farm Apr Total b Sales in April we expected to be $100.000 Notebook forecasts that monthly sales will increase 2% over Apre sales in May June's sales will increase by 4 over April July sales wil increase 20% over April sales Notebook manns entory of $10,000 plus 25 of the cost of goods sold budgeted for the following moth Cost of goods sold equal 50% of sales revenu Monthly salaries amount to $8,000 Sales commissions equal of sales for that month Other monthly expenses are as follows Rent $2.400 Depreciation 5300 Insurance $500 income tax $1,700 G d. penses Print Done my number in Prepaid Insurance 1,300 Total Current Assets $ 70.800 Property, Plant, and Equipment Equipment and Fixtures Less Accumulated Depreciation 55,000 (28,000) 27,000 Total Assets $ 97,800 Liabilities Current Liabilities: Accounts Payable $ $ 18,000 7,200 is 25 200 Salaries and Commissions Payable Total Liabilities Stockholders' Equity Common Stock, no par Retained Earnings Total Stockholders' Equity 17.000 55,600 72.600 Total Liabilities and Stockholders' Equity S 97,800 Print Done Requirement 1. Prepare Notebook's sales budget for April and May 2018 Round all amounts to the newest do Notebook Office Supply Sales Budget April and May, 2016 April May Total budgeted sales Requirement 2. Prepare Notbook's inventory, purchases, and cost of goods sold budget for April and May Notebook Supply Company Inventory, Purchases, and cost of Goods Sold Budget April and May, 2018 April May Plus Total merchandise inventory required nec Budgeted Purchase Requirement Propecutokseting and administrative pente boteront and May Notebook Ofice Supply Selling and Administrative Expense Budget April and May, 2018 Apr May Variable expenses Fixed expenses Total expose Total selling and distrative expenses Read the women Data Table elling and administrative expense budget for April and May Book Office Supply sinistra aril and M More info Notebook Om fupply Balance the March 31, 2011 Assets Cuma Ass Cash Annect Merchandise in Preposice Total Current Pet Pantandement Eiland Farm Apr Total b Sales in April we expected to be $100.000 Notebook forecasts that monthly sales will increase 2% over Apre sales in May June's sales will increase by 4 over April July sales wil increase 20% over April sales Notebook manns entory of $10,000 plus 25 of the cost of goods sold budgeted for the following moth Cost of goods sold equal 50% of sales revenu Monthly salaries amount to $8,000 Sales commissions equal of sales for that month Other monthly expenses are as follows Rent $2.400 Depreciation 5300 Insurance $500 income tax $1,700 G d. penses Print Done my number in Prepaid Insurance 1,300 Total Current Assets $ 70.800 Property, Plant, and Equipment Equipment and Fixtures Less Accumulated Depreciation 55,000 (28,000) 27,000 Total Assets $ 97,800 Liabilities Current Liabilities: Accounts Payable $ $ 18,000 7,200 is 25 200 Salaries and Commissions Payable Total Liabilities Stockholders' Equity Common Stock, no par Retained Earnings Total Stockholders' Equity 17.000 55,600 72.600 Total Liabilities and Stockholders' Equity S 97,800 Print Done Requirement 1. Prepare Notebook's sales budget for April and May 2018 Round all amounts to the newest do Notebook Office Supply Sales Budget April and May, 2016 April May Total budgeted sales Requirement 2. Prepare Notbook's inventory, purchases, and cost of goods sold budget for April and May Notebook Supply Company Inventory, Purchases, and cost of Goods Sold Budget April and May, 2018 April May Plus Total merchandise inventory required nec Budgeted Purchase Requirement Propecutokseting and administrative pente boteront and May Notebook Ofice Supply Selling and Administrative Expense Budget April and May, 2018 Apr May Variable expenses Fixed expenses Total expose Total selling and distrative expenses