Other information

Direct wages amount to $N$$$13000$ per month

Bader sells $20\%$ of all goods on cash, the remainder of customers have one month of credit.

Suppliers are paid in the month after purchase.

Wages are paid in cash as they occur.

Oyerheads are N$$6400$ per month and Bader are allowed one month's credit on overheads. Depreciation of N $$600$ is included in the amount for overhead.

Selling, distribution and administrative costs are N$$3780$ per month and are paid in cash in the month they occur.

Bader wishes to purchase a new vehicle in August with a cash payment of N$$120000.$

The cash balance for the end of June is expected to be $N$$$90500.$