The controller of Tamarisk Company estimates sales and production for the first four months of 2022 as follows:
| | | January | | February | | March | | April |
| Sales | | $28,400 | | $39,300 | | $53,700 | | $26,400 |
| Production in units | | 1,000 | | 1,400 | | 1,800 | | 2,500 |
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 sale, 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 months production needs. Januarys beginning materials inventory is 1,110 kg. Suppose that both accounts receivable and accounts payable are zero at the beginning of January.
| What are the total cash sales for the JanuaryMarch quarter? | | | |
| | What is the accounts receivable balance at the end of March? | Accounts receivable balance | | $ | | | | |
| | What is the direct materials inventory balance at the end of March? | Direct materials inventory balance | | | kg | | | | |
| | What are the materials purchases costs for February? | Material purchases for February | | $ | | | | |
| | What are cash payments on account for February? | Cash payments on account | | $ | | | | |
| | What is the ending balance in accounts payable for March? | Ending balance in accounts payable | | | | | | |
| | | What is the change in the cash balance for the period JanuaryMarch? | | |
