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1 Transport More Info whole . Animal Transport (AT) does not make any sales on credit. AT sells only to the public and accepts cash and credit cards: 90% of its sales are to customers using credit cards, for which AT gets the cash right away, less a 3% transaction fee. Purchases of materials are on account. AT pays for half the purchases in the period of the purchase and the other half in the following period. At the end of March, AT owes suppliers $8,100. During April they plan to purchase direct materials worth $21,080. AT plans to replace a machine in April at a net cash cost of $13,800. Labor, other manufacturing costs, and nonmanufacturing costs are paid in cash in the month incurred except of course depreciation, which is not a cash flow. Depreciation is $21,500 of the manufacturing cost and $13,000 of the nonmanufacturing (fixed) cost for April. AT currently has a $2,100 loan at an annual interest rate of 12%. The interest is paid at the end of each month. It AT has more than $10,000 cash at the end of April it will pay back the loan. AT owes $5,500 in income taxes that need to be remitted in April. AT has cash of $5,900 on hand at the end of March . Print Done Question 2, P6-41 (simila... HW Score: 39.58%, 0.79 of > Reference Revenue Budget For the Month of April Units Selling price Total Revenues 530 S 205 S 108,650 265 82,150 310 $ 190,800 Cat-allac Dog-eriffic rs to the Total Manufacturing Overhead Budget For the Month of April Machine setup costs $ 8,715 Processing costs 108,000 465 Inspection costs 117,180 Total Direct Manufacturing Labor Costs Budget For the Month of April Output units DMLH Total Hourly produced Hours Wage Rate Total 550 3 1,650 $ 10 $ 16,500 250 12,500 5 1.250 10 per unit Cat-allac Dog-erific Print Done More Help C 79 O A Question 2, P6-41 (simila... HW Score: 39.58%, 0.79 of 2 points Reference For the Month of April Machine setup costs $ 8,715 Processing costs 108,000 465 Inspection costs $ Total 117,180 Direct Manufacturing Labor Costs Budget For the Month of April Output units DMLH Total Hourly produced Hours Wage Rate Total 550 3 1,650 $ 10 $ 16,500 250 5 1.250 10 12,500 3 29.000 rs to the nearest Wholo dollar. Ento per unit Cat-allac Dog-erific Total Nonmanufacturing Costs Budget For the Month of April Salaries $ 18.000 Other Fored costs 18.000 1.908 Sales commissions $37.908 Total nonmanufacturing costs Print Done Clear All More Help - o RE O 79" Co Drische 7 8 Assume the following data for Animal Transport Company (Click the icon to the usumption> Click the icon to view budget information Requirements 1. Prepare a cash budget for April for Animal Transport 2. Why do Animal Transport's managers propre a cash budget in addition to the event, pense and operating noome budget? Requirement 1. Prepare a cash budget for April for Animal Transport Begin the cash budget by calculating the cash available, the total disbursements, and finally the effects of Financing and the ending can be found your own XDSS cat does not exceed $10,000 at the end of Art) Cash Budget April 30 Cash balance beginning Adele Total cash available for de

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