Cash Disbursement Timber Company is in the process of preparing its budget for next year Cost of goods sold has been estimated at 70 percent of
Cash Disbursement Timber Company is in the process of preparing its budget for next year Cost of goods sold has
Cash Disbursement Timber Company is in the process of preparing its budget for next year
in the process of preparing its budget for next year Cost of goods sold has been estimated at percent of
Cash Disbursement Timber Company is in the process of preparing its budget
for next year Cost of goods sold has been estimated at percent of
Cash Disbursement Timber Company is in the process of preparing
Cash Disbursement Timber Company is
Cash Disbursement Timber Company is in the process of preparing its budget for next year. Cost of goods sold has been estimated at 70 percent of...

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Cash Disbursement Timber Company is in the process of preparing its budget for next year. Cost of goods sold has been estimated at 70 percent of sales. Lumber purchases and payments are to be made during the month preceding the month of sale. Wages are estimated at 15 percent of sales and are paid during the month of sale. Other operating costs amounting to 10 percent of sales are to be paid in the month following the month of sale. Additionally, a monthly lease payment of $24,000 is paid for computer services. Sales revenue is forecast as follows: MonthSales Revenue February $180,000 March $220,000 April $230,000 May $270,000 June $250,000 July $290,000 Required Prepare a set schedule of cash disbursements for April, May, and June. Do not use a negative sign with your answers. Timber Company Schedule of Cash Disbursements April, May, and June April May June Lumbers purchases April: May: June: $Answer $Answer $Answer Wages: April: May: June: $Answer $Answer $Answer Operating expenses April: May: June: $Answer $Answer $Answer Lease payment April: May: June: $Answer $Answer $Answer Total disbursements April: May: June: $Answer $Answer $Answer

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Cash Disbursement Timber Company is in the process of preparing its budget for next year. Cost of goods sold has been estimated at 70 percent of...