Hey Dear,
Hope you are also doing well.
I have tried to give best possible answer. Please feel free to ask any of your doubts.
And please excuse my bad hand writings.
Thanks Dear. Have a Wonderful Day.
CARLA VISTA COMPANY Cash Budget January February Beginning cash balance 60650 Add : Cash receipts Collections...
Need Help! Carla Vista Company expects to have a cash balance of $115,000 on January 1, 2022. These are the relevant monthly budget data for the first two months of 2022. 1. Collections from customers: January $177,500, February $365,000. 2. Payments to suppliers: January $100,000, February $187,500. 3. Wages: January $75,000, February $100,000. Wages are paid in the month they are incurred. 4. Administrative expenses: January $52,500, February $60,000. These costs include depreciation of $2,500 per month. All other costs...
Carla Vista Company expects to have a cash balance of $49,050 on January 1, 2020. Relevant monthly budget data for the first 2 months of 2020 are as follows. Collections from customers: January $92,650, February $163,500. Payments for direct materials: January $54,500, February $81,750. Direct labor: January $32,700, February $49,050. Wages are paid in the month they are incurred. Manufacturing overhead: January $22,890, February $27.250. These costs include depreciation of $1,635 per month. All other overhead costs are paid as...
Carla Vista Company expects to have a cash balance of $64,400 on January 1, 2022. These are the relevant monthly budget data for the first two months of 2022. 1. Collections from customers: January $99,400, February $204,400. 2. Payments to suppliers: January $56,000, February $105,000. 3. Wages: January $42,000, February $56,000. Wages are paid in the month they are incurred. 4. Administrative expenses: January $29,400, February $33,600. These costs include depreciation of $1,400 per month. All other costs are paid...
Cullumber Company expects to have a cash balance of $57,200 on January 1, 2022. These are the relevant monthly budget data for the first two months of 2017. 1. Collections from customers: January $82,000, February $137,800 2. Payments to suppliers: January $44,800, February $52,400 3. Wages: January $36,400, February $42,400. Wages are paid in the month they are incurred. 4. Administrative expenses: January $26,400, February $34,100. These costs include depreciation of $1,900 per month. All other costs are paid as...
Sandhill Company expects to have a cash balance of $119,600 on January 1, 2022. These are the relevant monthly budget data for the first two months of 2022. 1. Collections from customers: January $184,600. February $379,600. 2. Payments to suppliers: January $104,000. February $195,000. 3. Wages: January $78,000. February $104,000. Wages are paid in the month they are incurred. 4. Administrative expenses: January $54,600. February $62,400. These costs include depreciation of $2,600 per month. All other costs are paid as...
Sunland Company expects to have a cash balance of $59,800 on January 1, 2022. These are the relevant monthly budget data for the first two months of 2022. 1. Collections from customers: January $92,300, February $189,800. 2. Payments to suppliers: January $52,000, February $97,500. 3. Wages: January $39,000, February $52,000. Wages are paid in the month they are incurred. 4. Administrative expenses: January $27,300, February $31,200. These costs include depreciation of $1,300 per month. All other costs are paid as...
Blossom Company expects to have a cash balance of $78,200 on January 1, 2022. These are the relevant monthly budget data for the first two months of 2022 Collections from customers: January $120,700, February $248,200. 1. Payments to suppliers: January $68,000, February $127,500. 2. Wages: January $51,000, February $68,000. Wages are paid in the month they are incurred. 3. Administrative expenses: January $35,700, February $40,800. These costs include depreciation of $1,700 per month. All other costs are paid as 4....
Pharoah Company expects to have a cash balance of $101,200 on January 1, 2022. These are the relevant monthly budget data for the first two months of 2022. 1. Collections from customers: January $156,200, February $321,200. 2. Payments to suppliers: January $88,000, February $165,000. 3. Wages: January $66,000, February $88,000. Wages are paid in the month they are incurred. 4. Administrative expenses: January $46,200, February $52,800. These costs include depreciation of $2,200 per month. All other costs are paid as...
Cullumber Company expects to have a cash balance of $ 65,150 on January 1, 2017. These are the relevant monthly budget data for the first two months of 2017. 1. Collections from customers: January $ 90,150, February $ 165,150. 2. Payments to suppliers: January $ 59,150, February $ 94,150. 3. Wages: January $ 31,120, February $ 41,120. Wages are paid in the month they are incurred. 4. Administrative expenses: January $ 22,120, February $ 25,120. These costs include depreciation of...
Nadia Company expects to have a cash balance of $45,400 on January 1, 2020. Nadia has budgeted the following for the first two months of the year 2020: 1. Collections from customers: January $89,800; February $109,400. 2. Payments to suppliers: January $39,700; February $49,900. 3. Direct labour: January $30,000; February $35,200. Wages are paid in the month they are incurred. 4. Manufacturing overhead: January $24,800; February $30,300. Overhead costs are paid as incurred. 5. Selling and administrative expenses: January $15,800;...