prepare the cash payment budget

additional info and balance sheet

cash sales

i Reference Gilder Tire Company Direct Materials Budget For the Year Ended December 31, 2019 First Second Quarter Quarter Third Quarter Fourth Quarter Total Budgeted tires to be produced 1,120 1,640 1,840 2,040 6,640 Direct materials per tire 2.240 1,312 3,280 1,472 3,680 1,632 4,080 1,200 Direct materials needed for production Plus: Desired direct materials in ending inventory Total direct materials needed 13,280 1,200 3,552 1,200 4,752 1,312 5,312 1.472 5,280 1,632 14,480 1,200 Less: Direct materials in beginning inventory Budgeted purchases of direct materials Direct materials cost per pound 2,352 9.50 $ 22,344$ 3,440 9.50 $ 32,680$ 3,840 9.50 $ 36,480$ 3,648 9.50 $ 34,656 $ 13,280 9.50 126,160 $ Budgeted cost of direct materials Print Done