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thank you Using the following information: a. Beginning cash balance on March 1, $72.000. b. Cash receipts from sales. $300,000 c. Cash payments for direct
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Using the following information: a. Beginning cash balance on March 1, $72.000. b. Cash receipts from sales. $300,000 c. Cash payments for direct materials, $140,000 d. Cash payments for direct labor, $80,000 e. Cash payments for overhead, $45,000. f. Cash payments for sales commissions. $7000. g. Cash payments for Interest, $200 (1% of beginning loan balance of $20,000). h. Cash repayment of loan $20,000, Prepare a cash budget for March for Gado Company Prepare a cash budget for March for Gado Company, GADO COMPANY Cash Budget March Total cash available Loss Cash payments for 0 Total cash payments Preliminary cash balance Loan activity $ 0 Ending cash balance Loan balance, end of month 0 $ $ 0 Step by Step Solution
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