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Garda purchased $650,000 of merchandise in August and expects to purchase $750,000 in September. Merchandise purchases are paid as follows: 20% in the month of

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Garda purchased $650,000 of merchandise in August and expects to purchase $750,000 in September. Merchandise purchases are paid as follows: 20% in the month of purchase and 80% in the following month. Compute cash payments for merchandise for September. GARDA Cash payments for Merchandise (Budgeted) For Month Ended September 30 Cash payments for September purchases Cash payments for August purchases Total budgeted cash payments Scora, Inc., is preparing its master budget for the quarter ending March 31. It sells a single product for $50 per unit. Budgeted sales for the next three months follow. Sales in units January February March 1,900 2,800 1,700 Prepare a sales budget for the months of January, February, and March SCORA INC. Sales Budget For January, February, and March Budgeted Budgeted Unit Sales Unit Price Budgeted Total Sales January February March Totals for the quarter

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