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(a) The subsidiary budgets of CB Berhad contain the following information: Month Sales Wages Material Factory Purchases Overhead RM'000 RM'000 RM'000 RM'000 April 700 100

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(a) The subsidiary budgets of CB Berhad contain the following information: Month Sales Wages Material Factory Purchases Overhead RM'000 RM'000 RM'000 RM'000 April 700 100 231 150 May 550 96 225 140 June 650 120 290 185 July 600 104 265 154 August 550 92 230 138 September 500 88 225 135 Additional details are: (1) 10% of all sales are for cash and remaining debtors will pay in the month following delivery. (2) 75% of wages are paid in the month in which they are incurred; the remainder will be paid in the following month. (3) Creditors for materials are paid one month after purchase. (4) Depreciation is included in the above factory overhead budgets as follows: Depreciation on Plant and Machinery RM35,000per month (5) New plant, costing RM135,000 will be purchased in August. Required: Assuming a cash balance of RM30,000 on 1"t June, prepare a tabular cash budget for each of the four months of June, July, August and September

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