1.'
January | February | |
November | 60500 | 0 |
December | 116160 | 77440 |
January | 217800 | 130680 |
February | 0 | 242000 |
Total collections | 394460 | 450120 |
2.
January | February | |
December | 48400 | 0 |
January | 87120 | 58080 |
February | 0 | 90750 |
Total payments | 135520 | 148830 |
CALCULATOR Problem 9-4A (Part Level Submission) (Video) Colter Company prepares monthly cash budgets. Relevant data from...
Colter Company prepares monthly cash budgets. Relevant data from operating budgets for 2020 are as follows February January $435,600 $484,000 Sales 151,250 Direct materials purchases 145,200 121,000 Direct labor 108,900 84,700 90,750 Manufacturing overhead 95,590 Selling and administrative expenses 102,850 All sales are on account. Collections are expected to be 50 % in the month of sale, 30 % in the first month following the sale, and 20 % in the second month following the sale. Sixty percent (60 %)...
dicements CALCULATOR PRINTER VERSION oblem 9-4A (Part Level Submission) (Video) biter Company prepares monthly cash budgets. Relevant data from operating budgets for 2020 are as follows January February $435,600 $484,000 Direct materials purchases 145,200 151,250 Direct labor 108,900 121,000 Manafacturing overhead 84,700 90,750 Selling and administrative expenses 95,590 102,850 Sales All sales are on account. Collections are expected to be 50% in the month of sale, 30% in the first month following the sale, and 20% in the second month...
Problem 21-4A (Part Level Submission)
Colter Company prepares monthly cash budgets. Relevant data from
operating budgets for 2017 are as follows:
January
February
Sales
$405,360
$450,400
Direct materials purchases
135,120
140,750
Direct labor
101,340
112,600
Manufacturing overhead
78,820
84,450
Selling and administrative expenses
88,954
95,710
All sales are on account. Collections are expected to be 50% in the
month of sale, 30% in the first month following the sale, and 20%
in the second month following the sale. Sixty percent...
Problem 9-4A (Part Level Submission)
Colter Company prepares monthly cash budgets. Relevant data from
operating budgets for 2017 are as follows:
January
February
Sales
$432,000
$400,000
Direct materials purchases
144,000
150,000
Direct labor
108,000
120,000
Manufacturing overhead
84,000
90,000
Selling and administrative expenses
94,800
102,000
All sales are on account. Collections are expected to be 50% in the
month of sale, 30% in the first month following the sale, and 20%
in the second month following the sale. Sixty percent...
Problem 21-4A (Part Level Submission) Colter Company prepares monthly cash budgets. Relevant data from operating budgets for 2017 are as follows: Sales Direct materials purchases Direct labor Manufacturing overhead Selling and administrative expenses January $403,200 134,400 100,000 78,400 88.480 February $448,000 140,000 112,000 84,000 95,200 All sales are on account. Collections are expected to be 50% in the month of sale, 30% in the first month following the sale, and 20% in the second month following the sale. Sixty percent...
Colter Company prepares monthly cash budgets. Relevant data from operating budgets for 2020 are as follows January February Sales $363,600 $404,000 Direct materials purchases 121,200 126.250 Direct labor 90,900 101.000 Manufacturing overhead 70,700 75,750 Selling and administrative expenses 79.790 85,850 All sales are on account, Collections are expected to be 50% in the month of sale, 30 % in the first month following the sale, and 20% in the second month following the sale, Sixty percent (60%) of direct materials...
Problem 21-4A Colter Company prepares monthly cash budgets. Relevant data from operating budgets for 2017 are as follows: February January Sales $405,360 $450,400 Direct materials purchases 135,120 140,750 Direct labor 101,340 112,600 78,820 Manufacturing overhead 84,450 Selling and administrative expenses 88,954 95,710 All sales are on account. Collections are expected to be 50% in the month of sale, 30% in the first month following the sale, and 20% in the second month following the sale. Sixty percent (60%) of direct...
Colter Company prepares monthly cash budgets. Relevant data from operating budgets for 2020 are as follows. January February Sales Direct materials purchases Direct labor Manufacturing overhead Selling and administrative expenses $421,200 140,400 105,300 81,900 92,430 $468,000 146,250 117,000 87,750 99,450 All sales are on account. Collections are expected to be 50% in the month of sale, 30% in the first month following the sale, and 20% in the second month following the sale. Sixty percent (60%) of direct materials purchases...
Problem 21-4A
Colter Company prepares monthly cash budgets. Relevant data from
operating budgets for 2017 are as follows:
Problem 21-4A Colter Company prepares monthly cash budgets. Relevant data from operating budgets for 2017 are as follows: Sales Direct materials purchases Direct labor Manufacturing overhead Selling and administrative expenses January $411,120 137,040 102,780 79,940 90,218 February $456,800 142,750 114,200 85,650 97,070 All sales are on account. Collections are expected to be 50% in the month of sale, 30% in the first...
Colter Company prepares monthly cash budgets. Relevant data from operating budgets for 2020 are as follows. January February Sales $421,200 $468,000 Direct materials purchases 140,400 146,250 Direct labor 105,300 117,000 Manufacturing overhead 81,900 87,750 Selling and administrative expenses 92,430 99,450 All sales are on account. Collections are expected to be 50% in the month of sale, 30% in the first month following the sale, and 20% in the second month following the sale. Sixty percent (60%) of direct materials purchases...