question archive Paddu Company's budgeted sales and direct materials purchases follow
Paddu Company's budgeted sales and direct materials purchases follow
Subject:BusinessPrice: Bought3
Paddu Company's budgeted sales and direct materials purchases follow. January was the first month of operations.
Budgeted sales:January $139,000; February $188,600; March $251,200Budgeted direct materials purchases:January $40,300; February $35,300; March $40,200Paddu's sales are 35% cash and 65% credit. It collects credit sales 40% in the month of sale, 60% in the month following the sale.Paddu's purchases are 40% cash and 60% on account. It pays purchases on account 60% in the month of purchase, and 40% in the month following purchase.
how do I prepare a schedule of expected solutions
