yem has 14000 cash on hand in January 1 and has collected the following budget data.

assume direft labor costs and manufacturing overhead costs are paid in the month occured. additonaly assume yen has cash payments for selling and administrative expenses including salaries of 50k per month plus commissions that are 1% of sales all paid in the month of the sale. the company requires a minimum cash balance of 1000$. prepare a cash budget for jan and feb. round to the nearest dollar. will yem need to borrow cash by the end of feb?

Yem has $14.000 in cash on hand on January 1 and has collected the following budget data: (Click on the icon to view the budget data) Assumedrect labor costs and manufacturing overhead costs are paid in the month incurred. Additionally, assume Yem has cash payments for selling and administrative expenses including Salaries of $50.000 per month plus commissions that are 1 of sales, all paid in the month of sale The company requires a minimum cash balance of $1.000. Prepare a cash budget for January and February Round to the nearest dollar Will Yem need to borrow cash by the end of February? Begin by preparing the cash budget for January, then prepare the cash budget for February (Complete all input boxes. Enter entered into the cash budget to the nearest whole dollar) for any zero balances. Round all amounts Yem Company Cash Budget Two Months Ended January 31 and February 28 ct: 6 5 (similar to) 19 (similar to Data Table Beginning osh balance Cash receipts Cathavadable Carth payments Purchases of direct mails Dract be Manufacturing overhead Selling and administrative expenses Thales as Ending chance toe encing Cash recipes from customers Cash Dayments for direct mara purchases Direct labor cos Manufacturing word counter of $1,700 per mant January 505.000 5 442 000 180191 135 00 February 5 .000 502,400 100,366 112.444 Protech cedendo 53452 Print Dono The nang Yem has $14,000 in cash on hand on January 1 and has collected the following budget data (Click on the icon to view the budget data) Assume de labor costs and manufacturing overhead costs are paid in the month incurred Additionally, assume Yom has cash payments for solling and administrative expenses in sales, all paid in the month of sale. The company requires a minimum cash balance of $1,000 Prepare a cash budget for January and February Round to the nearest dollar Will Yes The com Begin by preparing the cash budget for January, then prepare the cash budget for February (Complete all input boxes Enter a "o for any zero balances. Round all amounts entered Yem Company Cash Budget Two Months Ended January 31 and February 28 January Beginning cash balance Cash receipts Cash available Cash payments Purchases of direct materials Drect labor Manufacturing overhead Data Table Seting and administrative expenses Totalcash payments Ending cash balance before nancing $ Minimum cash balance dessed Proded cash excess d onc Financing Benewing Pindal payments Sales Cash receipts from customers Cash payments for direct materials pur Direct labor costs Manufacturing overhead costs includes depreciation of $1.700 per month) January 535 000 $ 442.600 180.191 135.360 February 565.000 502.400 160.366 112 Enang cash balance Prior [Done]