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Problem 11- (Part Level Sution) Ceramy prepares match budgets Relevant rom congue for 2017 we wsi 3200 114.400 Director Manci
w idtan a minimum cash balance of $56,000. Prepare schedules for (1) expected collections from customers and (2) expected pay
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Collection from Expected Customers. odi January February $28000 November $53760 a $35840 Decembers January 201600 $60480 FebrWORKINGS. Feb. Nov. Dec Jan. Credit Sales 448000 280,000 358 400 4032000 Collistiou 140,000 an 179200 201600 224000 month ofExpected Payment of Direct Materials. February January $44800 December January $806407 $53760 $ 84000 February total payment

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