a) “LeverUni Bangladesh” has forecasted purchases on account to be BDT 209000 in March, BDT 261000 in April, BDT 313000 in May, and BDT 365000 in June. 80 percent of purchases are paid for in the month of purchase, the remaining are paid in the following month. What are budgeted cash payments for April? (b) Taba Bangladesh intends to produce special type of leather handbags for the upcoming season. The production budget for the next four months is: June 5800 units, July 6600 units, August 7100 units, September 8100 units. Each handbag requires 0.5 square meters of leather. Its leather inventory policy is 40 percent of next month's production needs. On June 1 leather inventory was expected to be 1900 square meters. Leather is expected to cost BDT 6 per square meter in June. What is the expected cost of leather purchases in June?

Mooney Equipment is putting together its cash budget for the following year and has forecasted expected cash collections over the next five quarters (one year plus the first quarter of the next year). The cash collection estimates are based on sales projections and expected collection of receivables. The sales and cash collection estimates are shown in the following table (in millions of dollars):     Q1 Q2 Q3 Q4 Q5 Sales $1,100 $1,400 $1,450 $1,250 $1,500 Total cash collections $1,100 $1,150 $1,200 $1,200   You also have the following information about Mooney Equipment: • In any given period, Mooney’s purchases from suppliers generally account for 72% of the expected sales in the next period, and wages, supplies, and taxes are expected to be 15% of next period’s sales. • In the third quarter, Mooney expects to expand one of its plants, which will require an additional $1,072 million investment. • Every quarter, Mooney pays $60 million in interest and…

Sawera Coporation reported sales of RM350,000 in June, RM380,000 in July, and RM390,000 in August. The forecasts for September, October and November are RM385,000, RM418,000 and RM429,000, respectively. The initial cash balance on September 1 is RM150,000, and a minimum of RM8,000 should be kept. Use the given information to compile a cash budget for the months of September, October and November. a) Sawera predicts that 5% of its sales will never be collected, 30% of its sales will be cash sales, and the remaining 65% will be collected in the following month. are receiveble b) c) d) e) f) g) h) i) cash dis Sawera receives other monthly income of RM3,000. other cash receipt The actual or expected purchases are RM150,000, RM120,000 and RM115,000 for the months of September to November, respectively, and 50%] are paid in cash while the remainder is paid in the following month. The purchases for August were RM120,000.- Nov Monthly rent is RM3,500 chargeable only in October and November.…

The following are the total sales of Top Class Ltd for the past three months of 2021Month April May JuneTotal Sales R900 000 R700 000 R500 000The budgeted sales figures for the next three months are expected as followsMonth July August SeptemberTotal Sales R825 000 R760 000 R920 000Additional information1) 40% of all sales are made in cash.2) Credit sales for October 2021 are expected to be R450 000.3) Debtors are collected as follows.• 15% of outstanding amounts are collected during the month following the month of sale(i.e.: 30 days). A discount of 4,5% is offered for early settlement of accounts.• 60% is collected in the subsequent month (i.e.: 60 days).• 20% is collected in the subsequent month (i.e.: 90 days).• The balance is irrecoverable and needs to be written off.REQUIRED:Prepare a schedule of forecasted receipts from customers (cash and credit) for the period 1 July 2021to 31 October 2021.Show all workingsRound to the nearest Rand