23 Requirements 1. Prepare Haney Company's schedule of cash receipts from customers and schedule of cash payments for the first quarter of 2024. 2. Prepare Haney Company's cash budget for the first quarter of 2024 Print Done - X

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter14: Decentralized Operations
Section: Chapter Questions
Problem 14.3E
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Question
ers
ers:
December 31, 2023
mers
ace, March 31, 2024:
and Qtr
First Quarter
2024
Requirements
1. Prepare Haney Company's schedule of cash receipts from customers and
schedule of cash payments for the first quarter of 2024_
2. Prepare Haney Company's cash budget for the first quarter of 2024
Print
Done
X
Transcribed Image Text:ers ers: December 31, 2023 mers ace, March 31, 2024: and Qtr First Quarter 2024 Requirements 1. Prepare Haney Company's schedule of cash receipts from customers and schedule of cash payments for the first quarter of 2024_ 2. Prepare Haney Company's cash budget for the first quarter of 2024 Print Done X
Customers
balance December 31, 2023
om customers
e balance, March 31, 2024:
cted in 2nd Ot
2024
Data table
Total sales
Budgeted purchases of direct matenal
Budgeted direct labor cost
Budgeted manufacturing overhead costs
Variable manufacturing overhead
Depreciation
Insurance and property taxes
Budgeted selling and administrative expenses
Salaries expense
Rent expense
Insurance experese
Depreciation experie
Supples expense
Print
Done
208.000
40,900
37,500
1,100
1.200
6,700
4,000
1,000
1,400
6.240
Transcribed Image Text:Customers balance December 31, 2023 om customers e balance, March 31, 2024: cted in 2nd Ot 2024 Data table Total sales Budgeted purchases of direct matenal Budgeted direct labor cost Budgeted manufacturing overhead costs Variable manufacturing overhead Depreciation Insurance and property taxes Budgeted selling and administrative expenses Salaries expense Rent expense Insurance experese Depreciation experie Supples expense Print Done 208.000 40,900 37,500 1,100 1.200 6,700 4,000 1,000 1,400 6.240
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