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The Denver Corporation has forecost the following salos for the first seven months of the vear: Monthy matenal purchases are set equal to 40 percent
The Denver Corporation has forecost the following salos for the first seven months of the vear: Monthy matenal purchases are set equal to 40 percent of forecout selos for the noxt month. Or the total material costs. 50 percent are paid in the month of purchase and 50 percent in the following month. Labo costs will run $6.500 per month and fosed owerthead is $14.500 per month interest payments on the debt wili be $5.500 for both March and june. Finalif, the Denver salesforce will recelve a 300 percent coinmission on total sales for the first six months of the yeat, to be paid on June 30 Prepare a monthily summary of cash payments for the six. month period from January throcigh June. Note Compute prior December. purtioses io belp get total materlat payments for daniary) Note: ingut all your anwwers as positive values. Leave no cells blank be certain to enter o wherever required
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