At the beginning of the school year, Craig Kovar decided to prepare a cash budget for the monthis of September, October, November, and December, The budget must for enough cast on December 31 to pay the spring semester tuition, which is the same as the fall tuition. The foliowing information reiates to the budget: a. Prepare a cash budget for September, October, Nowembef, and December, Use the minus sign to indicate cash outflows, a deerease in cash or cash paymenta. A more Check My Work uses remaining. b. Are the four manthly budgets that are presented prepared as stabic budgets or flexble budgeti? C. What are the budgec implications for Craig Kovar? Eraig can see thet his present plen sufficient cash. If Craig did not budget but went ahead with the origlnal pian, he would be } ot the and of December, with no time leit to adjust. Mexibile bodgot for felling and administrative expenses for a service company Digital Solutions inc. uses flexble buggets that are based on the following data: mid At the beginning of the school year, Craig Kovar decided to prepare a cash bodget for the months of 5 eptember, October, November, and December. The budget must alan for enough cash on December 31 to pay the spring semester tuibon, whleh is the same as the fall tuition. The following information relates to the budget a. Prepore a cash budget for September, October, November, ant December. Use the minus sign to indicate cosh outhowi, a decrease in cash or cash payinents b. Are the four monthly budgets that are presented prepared as static budgets or flewible budgets? c. What are the budget implications for Craig Kovar? Craig can see that his present plan sufficient cash. If Cralg tid not budget but went ahead with the original plan, he would be : at the end of December, with no time left to adjust. Fiexible budget for selling and administrative expenses for a service company Digital solutions Inc uses flexible budgets that are based on the following data! Prepare a nexbie selling and administrative expenses budget for October for sales volumes of $400,000,$500,000, and $600,000. (Use Exinitit 4 as a modet. ) Digital Solutions Inc. Flexible Selling and Administrative Expenses Budget