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Using the following information: Beginning cash balance on March 1 , $ 7 7 , 0 0 0 . Cash receipts from sales, $ 3

Using the following information:
Beginning cash balance on March 1, $77,000.
Cash receipts from sales, $301,000.
Cash payments for direct materials, $134,000.
Cash payments for direct labor, $73,000.
Cash payments for overhead, $41,000.
Cash payments for sales commissions, $7,000
Cash payments for interest, $100(1% of beginning loan balance of $10,000)
Cash repayment of loan, $10,000.
Prepare a cash budget for March for Gado Company.QS 20-24(Algo) Manufacturing: Cash budget LO P2
Using the following information:
a. Beginning cash balance on March 1,$77,000.
b. Cash receipts from sales, $301,000.
c. Cash payments for direct materials, $134,000.
d. Cash payments for direct labor, $73,000.
e. Cash payments for overhead, $41,000.
f. Cash payments for sales commissions, $7,000
g. Cash payments for interest, $100(1% of beginning loan balance of $10,000)
h. Cash repayment of loan, $10,000.
Prepare a cash budget for March for Gado Company.
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