Using the following information:

a$.$ Beginning cash balance on March $1,$ $$81,000.$

b$.$ Cash receipts from sales, $$307,000.$

c$.$ Cash payments for direct materials, $$137,000.$

d$.$ Cash payments for direct labor, $$70,000.$

e$.$ Cash payments for overhead, $$39,000.$

f$.$ Cash payments for sales commissions, $$7,000$

g$.$ Cash payments for interest, $$130(1\%$ of beginning loan balance of $$13,000)$

h$.$ Cash repayment of loan, $$13,000.$

Prepare a cash budget for March for Gado Company.

Prev

$13$ of $13$

Next