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I need Forecasting and Seasonal Production Schedule HINTS March Pro Forma Balance Sheet Assets Cash Accounts Receivable Inventory Plant & Equip: net plan Total Assets
I need Forecasting and Seasonal Production Schedule
HINTS
March Pro Forma Balance Sheet
Assets
- Cash
- Accounts Receivable
- Inventory
- Plant & Equip: net plan
- Total Assets = $1,540,000
Liabilities & Stockholders' Equity
- Accounts Payable: $150,000
- Notes Payable
- Longterm debt
- Stockholders' Equity: common stock: 504,200
- Retained Earnings:
- Total Liabilities
Monthly Cash Payments
Rows to be included:
- Units to be produced: Dec = 1,800,000
- Materials from previous month
- Labor ($20 per thousand units)
- Overhead ($10 per thousand units)
- Selling & Admin (20% of sales)
- Interest
- Taxes (40% tax rate)
- Dividends
- Total Payments: Feb = 181,200
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