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The Samson Company is preparing its cash payments budget. The following items relate to cash payments the company anticipates making during the second quarter
The Samson Company is preparing its cash payments budget. The following items relate to cash payments the company anticipates making during the second quarter of the upcoming year. (Click the icon to view the cash payment information) Requirement Prepare a cash payments budget for April, May, and June and for the quarter. (If a box is not used in the table leave the box empty; do not enter a zero) The Samson Company Cash Payments Budget For the Months of April through June Cash payments for direct materials 55% of current month purchases 45% of last month's purchases Cash payments for direct labor Cash payments for manufacturing overhead Cash payments for operating expenses Cash payments for new server Cash payment for taxes Total cash payments April May June Quarter
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