Requesting Formula and Solution

Martin 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: 0 . Collections from customers: $375,700 Payments for direct materials: $204,400 Direct labor: Wages paid in March $117,100 Manufacturing overhead: $64,300. This includes the monthly depreciation of $4,900. Selling and administrative expenses: $52,400. This cost is exclusive of depreciation. Marketable securities of $48,800 can be sold if needed for additional cash. . . Prepare a cash budget for March assuming that the company does not sell the marketable securities. Martin Company Cash Budget For the Month Ending March 2020 $ >