Paper Comps ny has hired you to develop budgets for the company that plans to start business in April. Below is information provided to help you in the development of these budgets.

Required: Prepare the following budgets on the budget worksheet, which contains a template of budgets you should use. I have adapted the budget model to meet the needs of this company, so the format might vary from the textbook Please remember the textbook is a wonderful aid, but reallife is not a textbook, so you must be able to adapt Please remember the textbook is a wonderful aid, but reallife is not a textbook, so you must be able to adapt.

Sales Budget for month and quarter.

Production Budget for month and quarter.

Direct materials purchase budget for month and quarter.

Direct labor budget for month and quarter.

Overhead budget for month and quarter.

Cash receipts schedule for month and quarter

Cash payment schedule for month and quarter

$8$ Cash Budget for month and quarter.

Based on the quarterly cash budget you prepared, do you have any recommendations on cash management.