y.com ch O #2 D Question 2 of 4 -/4 View Policies Current Attempt in Progress Nadia Company expects to have a cash balance of $45,500 on January 1, 2020. Nadia has budgeted the following for the first two months of the year 2020 1. 2 3 4 Collections from customers: January $90,700; February $110,400 Payments to suppliers:January $39,800; February $50,100 Direct labour January 30,100: February $35.100 Wages are paid in the month they are incurred, Manufacturing overhead: January $25,100. February $29,900 Overhead costs are paid as incurred. Selling and administrative expenses: January 15.900: February $21,900. These costs do not include depreciation and they are paid as incurred Solen of investments in January are expected to realize $10,100 in cash. Nadia Company wants to keep a minimum monthly cosh balance of $20,000. 5 6 Prepare a cash budget for January and February NADIA COMPANY Cash Budget For 2020 January February O . 27C Home A NIL Question 2 of 4 -/4 E NADIA COMPANY Cash Budget For 2020 January February O BI E 27C Haze Ad Question 2 of 4 -/4 Sve for later Attempts: 0 of 1 used Submit Answer O 27C Haze