Cash budget

The controller of Bridgeport Housewares Inc. instructs you to prepare a monthly cash budget for the next three months. You are presented with the following budget information:

$\backslash$table$[[,$September,October,November$],[$Sales$,$$$130,000,$$$163,000,$$$209,000],[$Manufacturing costs,$55,000,70,000,75,000],[$Selling and administrative expenses,$46,000,49,000,79,000],[$Capital expenditures,,,$50,000]]$

month in which they are incurred and the balance in the following month. be made in October. Bridgeport's regular quarterly dividend of $$6,000$ is expected to be declared in October and paid in November. Management desires to maintain a minimum cash balance of $$48,000.$

Required:Prepare a monthly cash budget and supporting schedules for September, October, and November. Assume $360$ days per year for interest calculations.

Bridgeport Housewares Inc.

Cash Budget

For the Three Months Ending November $30$Prepare a monthly cash budget and supporting schedules for September, October, and November. Assume $360$ days per year for interest calculations.

Bridgeport Housewares Inc.

Cash Budget

For the Three Months Ending November $30$