Stately Corporation is preparing its cash payments budget for next month. The following information pertains to the cash payments: (Click the icon to view the data. How much cash will be paid out next More Info Stately Co Cash Payme Cash payments for direct materials: a. Stately Corporation pays for 45% of its direct materials purchases in the month of purchase and the remainder the following month. Last month's direct material purchases were $71,000, while the company anticipates $83,000 of direct material purchases next month. b. Direct labor for the upcoming month is budgeted to be $31,000 and will be paid at the end of the upcoming month c. Manufacturing overhead is estimated to be 140% of direct labor cost each month and is paid in the month in which it is incurred. This monthly estimate includes $16,000 of depreciation on the plant and equipment. Monthhe onorating anoncoe for nout month are ovnocted to bo 51200 which includes $2.200 of Enter any number in the edit fields All parts showing S9-12 (similar to) Stately Corporation is preparing its cash payments budget for next month. The following information pertains to the cash payments (Click the icon to view the data.) How much cash will be paid out next month? 55% of last month's purchases 45% of next month's purchases Cash payments for direct labor Cash payments for manufacturing overhead Enter any number in the edit fields and then click Check Answer. Stately Corporation is preparing its cash payments budget for next month. The following information pertains to the cash payments: Click the icon to view the data.) How much cash will be paid out next month? Casn payments for manufacturing overneau Cash payments for operating expenses Cash payment for taxes Total cash payments i . More Info DIICCI TOWORTUI MIC upcoming MOTTEIT IS Vuuyicu w UEWJI, VUV GTU W VS paru OL WIE CHU UCC Upcoming month. C. Manufacturing overhead is estimated to be 140% of direct labor cost each month and is paid in the month in which it is incurred. This monthly estimate includes $16,000 of depreciation on the plant and equipment. d. Monthly operating expenses for next month are expected to be 543,000, which includes $2,800 of depreciation on office equipment and $1,900 of bad debt expense. These monthly operating expenses are paid during the month in which they are incurred. e. Stately Corporation will be making an estimated tax payment of 57,600 next month