TUTUYUL. Crapiei 22 Save Score: 0.69 of 1 pt 3 of 33 complete HW Score: 42.92%, 1.29 of 3 pts E22-28 (similar to) Question Help Maynard Company has prepared the following schedules and additional information: Click the loon to view the cash receipts schedule) Click the icon to view the cash payments schedule) Cick the con la view the Completo a canh budget for Maynard Company for January February and March. Completo at answer bort. Enteral for any pero no Hond wil nous entered to the cash but to the nearest whicle sur Entwracash deficiency with a signor press) Maynard Company Cash Budget January February, and March January Begiving cash balance More info Cash receipts Maynard's beginning cash balance is $4,500 and Maynard desires to maintaina minimum ending cash balance of $4.500. Maynard borrows casheeded at the beginning of each month in increments of $1.000 and repay the amounts borrowed in increments of $1.000 at the beginning of month when excess cashi available. The interest rate on mos borrowed is per your interest is dat the beginning of the month on the outstanding balance from the previous month Cash available Cash payments Purchases of direct mai Drect labore Manufacturing overhead Soling and administrative expenses Interest expense Tollshment Enter any number in the edit folds and then click Check Answer Done Clear Check A parts remaining Neil Patel 07/21/2011 mework: Chapter 22 re: 0.69 of 1 pt 3 of complete HW Score: 42.92M. 1.29 E22-28 (similar to) Reference Question Help Cash Receipts from Customers February March Total January 10.800 Total sales 14.000 February 11.100 March 36.300 Total January aynard Company has prepared the following schedules and additional indd Click the icon to view the cash receipts schedule) | (Click the long (Click the icon to view the additional information) complete a cash budget for Maynard Company for January, February and oficiency with a minus signor parents) Purchases of direct materials Direct labor Manufacturing overhead Selling and administre expenses Interest expense Total cash payments Ending cash balance before financing Minimum cash balance desired Projected cash excess (deficiency) Financing Borrowing Principal repayments Total flects of financing $ 8,360 2.120 $ 2,120 Cash Receipts from Customers Accounts Receivable balance January 1 January-Cash sales January-Credit sales, collection of January (les in January January-Credit sales, collection of January sales in February February-Cash February-Creditos, collection of February sales in February February-Credit les collection of Forvary sales in March March-Cash sales March-Credit sales, collection of March sales in March 8160 2.020 2.920 6.580 2.220 11,800S 13,800 5 8.480 S Total cash receipts from customers 34.000 Ending cash balance Print Done Enter any number in the edit fields and then click Check Answer Ques d additional (Click the Reference February $ 0 bst whole dollar. Enter S 3,900 Accounts Payable balance, January 1 January-Direct material purchases paid in February February --Direct material purchases paid in March Total payments for direct materials I Direct Labor: Total payments for direct labor 3,700 3,700 $ 0 3,900 7,600 2,700 3,100 3,800 9,600 640 Manufacturing Overhead: Utilities for plant Property taxes on plant Total payments for manufacturing overhead 640 1,280 3,120 3,120 3,120 640 640 4,400 Selling and Administrative Expenses: Utilities for office 510 510 1,020 Property taxes on office 2,280 2,280 Office salaries 4,500 4,500 4,500 13,500 ock Answer. Print Done Check Answer February 640 640 Manufacturing Overhead: Utilities for plant Property taxes on plant Total payments for manufacturing overhead 1,280 3,120 3,120 3,120 640 640 4,400 510 510 1,020 Selling and Administrative Expenses: Utilities for office Property taxes on office Office salaries Total payments for Selling and Admin. expenses 2,280 2,280 4,500 4,500 4,500 13,500 6,780 5,010 5,010 16,800 $ 12,600 $ 12,650 $ 13,150 $ 38,400 Total cash payments Acccount balances, March 31: Prepaid Property Taxes Accounts Payable Utilities Payable $ 4,050 $ 4,600 $ 1,150 heck Answer. Print Done MacBook Pro Homework: Chapter 22 Score: 0.69 of 1 pt 3 of 3 (30 E22-28 (similar to) Maynard Company has prepared the following schedules and additional information: (Click the icon to view the cash receipts schedule.) (Click the icon to view the cash payments schedule.) (Click the icon to view the additional information.) Complete a cash budget for Maynard Company for January, February and March. (Complete all answer boxes. Enter a "0" for deficiency with a minus sign or parentheses.) Cash Budget January, February, and March January Beginning cash balance Cash receipts Cash available Cash payments: Purchases of direct materials Direct labor Manufacturing overhead Selling and administrative expenses Interest expense Total cash payments Ending cash balance before financing Enter any number in the edit fields and then click Check Answer. 3 parts remaining Clear All and March. (Complete all answer boxes. Enter a "0" for any zero balances. Round all amounts entered into the cash budget to the arch i More Info Maynard's beginning cash balance is $4,500 and Maynard desires to maintain a minimum ending cash balance of $4,500. Maynard borrows cash as needed at the beginning of each month in increments of $1,000 and repays the amounts borrowed in increments of $1,000 at the beginning of months when excess cash is available. The interest rate on amounts borrowed is 9% per year. Interest is paid at the beginning of the month on the outstanding balance from the previous month. Print Done ar ial For B Java Programmin Library Genesis S Home Homewor... Sy Symbolab Math S IS 310 Book 22 3 of 3 (3 complete) Reference nod du nion for Cash Receipts from Customers to the Total CE Total sales $ January February March 10,600 $ 14,600 $ 11,100 $ January February March 36,300 ry, F Total $ 6.360 2,120 S Cash Receipts from Customers: Accounts Receivable balance, January 1 January-Cash sales January-Credit sales, collection of January sales in January January Credit sales, collection of January sales in February February-Cash sales February-Credit sales Collection of February sales in February February-Credit sales, collection of February sales in March March Cash sales March-Credit sales, collection of March sales in March Total cash receipts from customers 2,120 8.760 2.920 s 2.920 6,600 2.220 $ 8,450 S 13,800 $ 11.800 S 34.080 then click Print Done MacBook Pro EPS S 3 4 5 & 7 6 8 9 E R. T Y U 0 P 3 of 3 (3 complete) Reference 0 Cash Payments Direct Materials: Accounts Payable balance, January 1 JanuaryDirect material purchases paid in February FebruaryDirect material purchases paid in March Total payments for direct materials $ 3,900 3,700 3,700 $ 3,900 7,600 Direct Labor: Total payments for direct labor 2,700 3,100 3,800 9,600 640 640 1,280 Manufacturing Overhead: Utilities for plant Property taxes on plant Total payments for manufacturing overhead 3,120 3,120 3,120 640 640 4,400 Selling and Administrative Expenses: Utilities for office 510 510 1,020 click CH Durint