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a. Beginning cash balance on March 1, $75,000. b. Cash receipts from sales, $309,000 c. Budgeted cash payments for direct materials, $138.000. d. Budgeted cash

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a. Beginning cash balance on March 1, $75,000. b. Cash receipts from sales, $309,000 c. Budgeted cash payments for direct materials, $138.000. d. Budgeted cash payments for direct labor, $80,000 e. Other budgeted cash expenses, $40,000. 1. Cash repayment of bank loan $17,000 Prepare a cash budget for the month ended on March 31 for Gado Company. The budget should show expected cash receipts and cash payments for the month of March and the balance expected on March 31. GADO COMPANY Cash Budget For Month Ended March 31 Total cash available Cash payments for Total cash payments 0 $ $ 0 Grace manufactures and sells miniature digital cameras for $310 each 2.600 units were sold in May, and management forecasts 5% growth in unit sales each month (o) Determine the number of units of camera sales for the month of June (b) Determine the dollar amount of camera sales for the month of June. a) (b) Number of camera sales Amount of camera sales 2.730 units 846,300 s

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