striker corporation is preparing it's cash payments budget for next month. The following information pertains to the cash payments
Ser Corporation preparing is cash payments budget for next month The following infomation pertins to the cash payments Och eicon to view the data) More into it be paid out next month More Info Serther Corporation Cash Payments Budget Cash payment for de materials of last month's purchases of next month's purchases Cash payments for direct labor Cash payments for manufacturing overhead Cash payments for operating expenses Cash payment for taxes Total cash payments are corporis fox 50% of its directs purchases in the month of purchase and the made the following month Last montrect we purchases were 571.000We company anticipates 68.000 of direct manal purchases to b. Director for the upcoming months budgeted to be s.X2.000 and will be paid at the end of the upcoming mo Mutlugveld is estimated to be 100% of direct labor cost each month and is part in the more which is incurred. This mestimate dudes 511,000 of deprebon on the plant and equipment Monty pering expenses for next month are expected to be $43.000, which includes $2.400 depreciation on office gent and 51.100 of bad debt expense These mony operating expenses are paid during the month in which they would . Striker Corporation will be making an estimated tax payment of 7000 next month Print Done a. Striker Corporation pays for 50% 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 $88,000 of direct material purchases next month b. Direct labor for the upcoming month is budgeted to be $32,000 and will be paid at the end of the upcoming month c. Manufacturing overhead is estimated to be 150% of direct labor cost each month and is paid in the month in which it is incurred. This monthly estimate includes $11,000 of depreciation on the plant and equipment d. Monthly operating expenses for next month are expected to be $43,000, which includes $2,400 of depreciation on office equipment and $1,100 of bad debt expense. These monthly operating expenses are paid during the month in which they are incurred. e. Striker Corporation will be making an estimated tax payment of $7,600 next month. Print Done Striker Corporation is preparing its cash payments budget for next month. (Click the icon to view the data.) HOV More Info will be paid out next month? Striker Corporation Cash Payments Budget Cash payments for direct materials: 50% of last month's purchases 50% of next month's purchases Cash payments for direct labor Cash payments for manufacturing overhead Cash payments for operating expenses Cash payment for taxes Total cash payments