All your Writing needs covered

Colter company prepares monthly cash budgets.

Calculate the price
your order:

275 words
Approximate price
$ 0.00

Colter company prepares monthly cash budgets. P23-4A Colter Company prepares monthly cash budgets. Relevant data from operating budgets for 2014 are:     January   February Sales   $349,200     $399,500   Direct materials purchases   110,500     130,100   Direct labor   90,160     100,700   Manufacturing overhead   69,720     75,380   Selling and administrative expenses   78,850     85,620     All sales are on account. Collections are expected to be 47% in the month of sale, 32% in the first month following the sale, and 21% in the second month following the sale. Sixty percent (60%) of direct materials purchases are paid in cash in the month of purchase, and the balance due is paid in the month following the purchase. All other items above are paid in the month incurred except for selling and administrative expenses that include $1,490 of depreciation per month.   Other data: 1. Credit sales: November 2013, $251,900; December 2013, $319,900.2. Purchases of direct materials: December 2013, $100,800.3. Other receipts: January—Collection of December 31, 2013, notes receivable $15,150; February—Proceeds from sale of securities $7,260.4. Other disbursements: February—payment of $4,710 cash dividend. The company’s cash balance on January 1, 2014, is expected to be $60,300. The company wants to maintain a minimum cash balance of $49,700.     a. Prepare schedules for expected collections from customers and expected payments for direct materials a. purchases for January and February b. Prepare a cash budget for January and February. (List items that increase cash balance first.)


Unlock your academic potential with! Place your essay order today and experience top-notch writing services that guarantee academic success. Our expert writers are ready to craft customized papers that will exceed your expectations.Don't wait, order now and elevate your grades

Order Now

Basic features

  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support

On-demand options

  • Writer's samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading

Paper format

  • 275 words per page
  • 12pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, CHicago/Turabian, Havard)

Guaranteed originality

We guarantee 0% plagiarism! Our orders are custom made from scratch. Our team is dedicated to providing you academic papers with zero traces of plagiarism.

Affordable prices

We know how hard it is to pay the bills while being in college, which is why our rates are extremely affordable and within your budget. You will not find any other company that provides the same quality of work for such affordable prices.

Best experts

Our writer are the crème de la crème of the essay writing industry. They are highly qualified in their field of expertise and have extensive experience when it comes to research papers, term essays or any other academic assignment that you may be given!

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:

Expert paper writers are just a few clicks away

Place an order in 3 easy steps. Takes less than 5 mins.