Maurice Tutor

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Teaching Since: May 2017
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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 18 Aug 2017 My Price 12.00

Montana Timber Company

Image for Cash Disbursements Montana Timber Company is in the process of preparing its budget For next year. Cost of rod

 

 

 

prepare a schedule of cash disursements for april may and june

 

and totals for each month

Show transcribed image text Cash Disbursements Montana Timber Company is in the process of preparing its budget For next year. Cost of rods 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 $12,000 is paid to BMI for computer services. Sales revenue is forecast as follows:

Answers

(5)
Status NEW Posted 18 Aug 2017 05:08 PM My Price 12.00

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