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et/AppData/local/temp/WPDNSE/%7B2DESAC45-A6F9-1045-C70E-SAF703044ASP%7D/PGDPM%20-%20Project%20Financial'.20Management. REQUIRED Use the information given below to prepare the Cash Budget for a project of Sanhall Limited for March, April and May 2021. (Provide
et/AppData/local/temp/WPDNSE/%7B2DESAC45-A6F9-1045-C70E-SAF703044ASP%7D/PGDPM%20-%20Project%20Financial'.20Management. REQUIRED Use the information given below to prepare the Cash Budget for a project of Sanhall Limited for March, April and May 2021. (Provide seperate monetary columns for each month.) INFORMATION The following forecasts have been made by Sanhall Limited in respect of Project Z for February to May 2021: 1. The sales manager anticipates the following sales volumes at a price of R250 per unit from the product produced from Project 2 February March April May 3600 units 2 600 units 3 400 units 4 100 units 2 Forty (40%) percent of the sales are for cash and the rest is on credit. Twenty percent (20%) of the cash sales are subject to a 10% discount. Debtors pay their accounts in the month after the sale. The unit costs of production include the following: Direct materials R70 per unit Direct labour R60 per unit 3 The purchases manager expects to purchase direct materials to manufacture the following quantities of the product each month February March April May 4 100 units 3 100 units 3 900 units 4 600 units 4. Sixty (60%) percent of the materials are purchased for cash and the balance is purchased on credit Creditors are paid in the month after the purchase. Direct labour costs are incurred in line with the number of units produced and are paid for in the month in 5. po OZ NE COMPAS A 3 s 4 % 5 6 7 8 0
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