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Using the following information: a. Beginning cash balance on March 1, $79,000. [3. Cash receipts from sales, $300,000. c. Cash payments for direct materials, $139,000.
Using the following information: a. Beginning cash balance on March 1, $79,000. [3. Cash receipts from sales, $300,000. c. Cash payments for direct materials, $139,000. d. Cash payments for direct labor, $75,000. e. Cash payments for overhead, $40,000. f. Cash payments for sales commissions, $7,000 9. Cash payments for interest, $120 {1% of beginning loan balance of $12,000) h. Cash repayment of loan, $12,000- Prepare a cash budget for March for Gado Company. GADD COMPANY Cash Budget Total cash available Less: Cash payments for Total cash payments Preliminary cash balance Loan activity Ending cash balance Loan balance, end of month Prepare a cash budget for March for Gado Company. GADD COMPANY Cash Budget Beginning cash balance Direct labor Direct materials Interest on loan Total cash payments Preliminary cash balance Loan activity Ending cash balance Loan balance, and of month Prepare a cash budget for March for Gado Company. GADO COMPANY Cash Budget March musilable Add: Cash receipts from sales Less: Cash receipts from sales Total cash payments Preliminary cash balance Loan activity Ending cash balance Loan balance, end of monthPrepare a cash budget for March for Gado Company. GADO COMPANY Cash Budget Total cash available Less: Cash payments for Direct materials Interest on loan Other expenses Overhead Repayment of bank loan Loan activity Ending cash balance Loan balance, and of month Prepare a cash budget for March for Gado Company. GADO COMPANY Cash Budget March Total cash available Less: Cash payments for Interest on loan Other expenses Overhead Repayment of bank loan Sales commissions LUc / atLIVIly Ending cash balance Loan balance, end of month
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