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Sheet 3: Include the following two budgets on the third worksheet, clearly labeled: Shirts Purchase (Direct Prepare a shirts purchase budget, in Material Purchase) units
Sheet 3: Include the following two budgets on the third worksheet, clearly labeled: Shirts Purchase (Direct Prepare a shirts purchase budget, in Material Purchase) units and in total dollars, for each Budget quarter and for the year in total. (Note: Production is the same as sales, 119., no nished goods inventory) Schedule of Expected Cash Prepare a schedule of cash payments for Payments for Shirts shirts purchases for each quarter and for Purchases the year in total. List cash disbursements in the following order: First-quarter purchases, second-quarter purchases, third-quarter purchases, fourth-quarter purchases, and total cash payments
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