Use the following information to prepare the June cash budget for Vox Company. It should show expected cash receipts and cash disbursement for the month and the cash balance expected on June 30.

a. Beginning cash balance on June 1 is $66,000.

b. Cash receipts from sales are expected to be $1,544,000.

c. Cash payments for direct materials and direct labor are expected to be $206,400 and 501,050, respectively.

d. Budgeted cash payments for variable overhead is $315,000.