You have been asked to prepare a December cash budget for Ashton Company, a distributor of exercise equipment. The following information is available about the company's operations: a. The cash balance on December 1 is $44,400. b. Actual sales for October and November and expected sales for December are as follows: Cash sales Sales on account October $ 72,600 $ 425,000 November $ 86,600 $ 601,000 December $ 89,000 $ 617,000 Sales on account are collected over a three-month period as follows: 20% collected in the month of sale, 60% collected in the month following sale, and 18% collected in the second month following sale. The remaining 2% is uncollectible. c. Purchases of inventory will total $358,000 for December. Thirty percent of a month's inventory purchases are paid during the month of purchase. The accounts payable remaining from November's inventory purchases total $207,000, all of which will be paid in December. d. Selling and administrative expenses are budgeted at $459,000 for December. Of this amount, $64,500 is for depreciation. e. A new web server for the Marketing Department costing $114,000 will be purchased for cash during December, and dividends totaling $9,500 will be paid during the month. f. The company maintains a minimum cash balance of $20,000. An open line of credit is available from the company's bank to increase its cash balance as needed.

On October 1 of the current year, Molloy Corporation prepared a cash budget for October, November, and December. All of Molloy's sales are made on account. The following information was used in preparing estimated cash collections: August sales (actual) September sales (actual) October sales (estimated) November sales (estimated) December sales (estimated) $ 40,000 $ 50,000 $ 20,000 $ 70,000 $ 60,000 Approximately 60% of all sales are collected in the month of the sale, 30% is collected in the following month, and 10% is collected in the month thereafter. Budgeted collections from customers in October total:

Mecca 4 Company, a retailer of specialty wall-papers, prepares a monthly master budget. Data for the September master budget are given below: a. The August 31st balance sheet (Actual): cash accounts receivable inventory building and equipment (net) $25,000 133,000 32,813 203,500 e. accounts payable August-Actual September-Projected October-Projected November-Projected capital stock retained earnings b. Actual sales for August and budgeted sales for September, October, and November are given below: $62,016 $190,000 375,000 405,000 310,000 295,372 36,925 C. Sales are 30% for cash and 70% on credit. All credit sales are collected in the month following the sale. There are no bad debts. d. The gross margin percentage is 65% of sales. The desired ending inventory is equal to 25% of the following month's COGS. One fourth of the purchases are paid for in the month of the purchase and the remaining 75% are purchased on account and paid in full the following month. The monthly operating…

Zisk Company purchases direct materials on credit. Budgeted purchases are April, $89,000; May, $119,000; and June, $129,000. Cash payments for purchases are: 70% in the month of purchase and 30% in the first month after purchase. Purchases for March are $79,000. Prepare a schedule of cash payments for direct materials for April, May, and June.

Use the following information to prepare the September cash budget for PTO Company. Ignore the “Loan activity” section of the budget. Beginning cash balance, September 1, $47,000. Budgeted cash receipts from September sales, $262,000. Direct materials are purchased on credit. Purchase amounts are August (actual), $77,000; and September (budgeted), $103,000. Payments for direct materials follow: 60% in the month of purchase and 40% in the first month after purchase. Budgeted cash payments for direct labor in September, $35,000. Budgeted depreciation expense for September, $3,400. Budgeted cash payment for dividends in September, $57,000. Budgeted cash payment for income taxes in September, $10,900. Budgeted cash payment for loan interest in September, $1,100.

answer in text form please (without image)

Evergreen Furniture, a retailing company, is preparing the cash budget for August. The following inventory information is available: Estimated payments in August for purchases in August Estimated purchases for August Estimated cost of goods sold for August Estimated payments in August for purchases in July Estimated payments in August for purchases prior to July Inventories at beginning of August Required: What are the estimated cash disbursements in August? Estimated cash disbursements 70% $ 2,428,000 2,560,000 672,000 160,000 658,000

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Use the following information to prepare the September cash budget for PTO Company. Ignore the "Loan activity" section of the budget. a. Beginning cash balance, September 1, $44,000. b. Budgeted cash receipts from September sales, $261,000. c. Direct materials are purchased on credit. Purchase amounts are August (actual), $78,000; and September (budgeted), $106,000. Payments for direct materials follow: 65% in the month of purchase and 35% in the first month after purchase. d. Budgeted cash payments for direct labor in September, $34,000. e. Budgeted depreciation expense for September, $3,300. f. Budgeted cash payment for dividends in September, $54,000. g. Budgeted cash payment for income taxes in September, $10,200. h. Budgeted cash payment for loan interest in September, $1,200. PTO COMPANY Cash Budget September Beginning cash balance Total cash available 0 Total cash payments 0 Ending cash balance $ 0

The budgeted sales of Kelley, SA for the given months are as follows:   Cash Sales Credit Sales April $38,000 $256,000 May $54,000 $250,000 June $36,000 $192,000 July $33,000 $190,000 August $35,000 $287,000 To prepare a cash budget, the company needs to determine the expected cash collections each month, and has provided the following additional information:   The Accounts Receivable balance on April 1 was $82,015. Of this amount, $57,015 represented uncollected March sales and $25,000 represented uncollected February sales. Collections on Credit sales: 65% in month of sale 30% in month following sale 5% in second month following sale Part 1:   What should the April cash collected be? $BLANK Part 2: For August 1, what is budgeted Accounts Receivable? (76,100, 100,300, 109,950, 144950, OR 79,700)