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Using the following information: a. Beginning cash balance on March 1, $78,000. b. Cash receipts from sales, $306,000. c. Cash payments for direct materials,

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Using the following information: a. Beginning cash balance on March 1, $78,000. b. Cash receipts from sales, $306,000. c. Cash payments for direct materials, $133,000. d. Cash payments for direct labor, $77,000. e. Cash payments for overhead, $39,000. f. Cash payments for sales commissions, $8,000 g. Cash payments for interest, $150 (1% of beginning loan balance of $15,000) h. Cash repayment of loan, $15,000. Prepare a cash budget for March for Gado Company.

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