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Using the rollowing intormation: a. Beginning cash balance on March 1, $74,000. b. Cash receipts from sales, $304,000. c. Cash payments for direct materials, $132,000.
Using the rollowing intormation: a. Beginning cash balance on March 1, $74,000. b. Cash receipts from sales, $304,000. c. Cash payments for direct materials, $132,000. d. Cash payments for direct labor, $74,000. e. Cash payments for overhead, $43,000. f. Cash payments for sales commissions, $8,000 g. Cash payments for interest, $200 ( 1% of beginning loan balance of $20,000 ) h. Cash repayment of loan, $20,000. Prepare a cash budget for March for Gado Company
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