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Martin Company expects to have a cash balance monthly budget data for the first 2 months of 20 Collections from customers: January $2 Payments for
Martin Company expects to have a cash balance monthly budget data for the first 2 months of 20 Collections from customers: January $2 Payments for direct materials: January ] Direct labor: January $90,000. February are incurred. Manufacturing overhead: January $63,0 depreciation of $5,000 per month. All oth Selling and administrative expenses: Ja are exclusive of depreciation. They are Sales of marketable securities in January Martin Company has a line of credit at the $75,000. The company wants to mainta Instructions Prepare a cash budget for January and (b) Martin Company's chief financial officer entire quarter especially since their finan
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