Requirements

Requirements $1.$ Prepare a cash budget for April for Avimal Traresport. $2.$ Whydo Animet Trans

Prepare s cash budget for April for Avimal Transport. Why do Animal Transport's managors prepars a cash hudget in addition to the rnvenue, nxpenses, and aperating income hudges?

Requirement $1.$ Prepare a cash budget for Apri for Anirral Transport.

Cash Budget

Begin the cash budget by calculating the cash available, then total disbursements, and finally the effects of financing and the ending cash

balance. $($Round your answers to the nearest whole dollar. Enter $"0"$ for repayment of loan if excess cash does not exceed $$10,000$ at the end

of April.$)$

Cash Budget

April $30$

Cash balance, beginning

Add receipts

Cash sales

Credit card sales

Total cash available for needs

Deduct disbursements

Direct materials

$

Direct manufacturing labor

Manufacturing overhead

Nonmanufacturing salaries

Sales commissions

Other operating fixed costs

Machinery purchase

Income taxes

Total disbursements

Cash excess $($deficiency$)$

Financing

Repayment of loan

Interest on loan

Total effects of financing

Ending cash balance, April $30$