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a. Beginning cash balance on March 1, $80,000. b. Cash receipts from sales, $303,000. c. Cash payments for direct materials, $130,000. d. Cash payments for

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a. Beginning cash balance on March 1, $80,000. b. Cash receipts from sales, $303,000. c. Cash payments for direct materials, $130,000. d. Cash payments for direct labor, $75,000. e. Cash payments for overhead, $36,000. f. Cash payments for sales commissions, $7,000 g. Cash payments for interest, $130 (1% of beginning loan balance of $13,000) h. Cash repayment of loan, $13,000. Prepare a cash budget for March for Gado Company. GADO COMPANY Cash Budget March Total cash available Less Cash payments for 0 Prepare a cash budget for March for Gado Company. GADO COMPANY Cash Budget March Total cash available 0 Less: Cash payments for Total cash payments 0 0 $ 0 Loan activity 0 Loan balance, end of month $ 0

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