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208 please answer Using the following information: a. Beginning cash balance on March 1, $75,000. b. Cash receipts from sales, $306,000. c. Cash payments for
208 please answer
Using the following information: a. Beginning cash balance on March 1, $75,000. b. Cash receipts from sales, $306,000. c. Cash payments for direct materials, $139,000. d. Cash payments for direct labor, $75,000. e. Cash payments for overhead, $40,000. f. Cash payments for sales commissions, $7,000 g. Cash payments for interest, $190 ( 1% of beginning loan balance of $19,000) h. Cash repayment of loan, $19,000. Prepare a cash budget for March for Gado Company Step by Step Solution
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