Ruiz Company provides the following budgeted sales for the next four months. The company wants to end each month with ending finished goods inventory equal to 40% of next month's budgeted unit sales. Finished goods inventory on April 1 is 244 units. Prepare a production budget for the months of April, May, and June. Kayak Company budgeted the following cash receipts (excluding cash receipts from loans received) and cash payments (excluding cash payments for loan principal and interest payments) for the first three months of next year. Kayak requires a minimum cash balance of $50,000 at each month-end. Loans taken to meet this requirement charge 1\%, interest per month, paid at each month-end. The interest is computed based on the beginning balance of the loan for the month. Ary preliminary cash balance above $50,000 is used to repay loans at month-end. The company has a cash balance of $50,000 and a loan balance of $100,000 at January 1 . Prepare monthly cash budgets for January, February, and March. Note: Negative balances and Loan repayment amounts (if any) should be indicated with minus sign. Jasper Company has 56% of its sales on credit and 44% for cash. All credit sales are collected in full in the first month following the sale. The company budgets sales of $519,000 for April, $529,000 for May, and $554,000 for June. Total sales for March are $290,200. Prepare a schedule of cash receipts from sales for April, May, and June. 100,000 at January 1. repare monthly cash budgets for January, February, and March. lote: Negative balances and Loan repayment amounts (if any) should be indicated with minus sign