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Oriole Company's chief financial officer feels that it is important to have data for the entire quarter especially since their financial forecasts indicate some difficult

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Oriole Company's chief financial officer feels that it is important to have data for the entire quarter especially since their financial forecasts indicate some difficult economic periods in the coming year. March information has been budgeted as follows: - Collections from customers: $379,700 - Payments for direct materials: $211,000 - Direct labor: Wages paid in March $114,000 - Manufacturing overhead: $65,400. This includes the monthly depreciation of $5,100. - Selling and administrative expenses: $52.200. This cost is exclusive of depreciation. - Marketable securities of $50,600can be sold if needed for additional cash. Prepare a cash budget for March assuming that the company does not sell the marketable securities

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