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Walter Company has the folowing information for the month of March Cash balance, Wareh 1 Collections from customers Aid to 37,450 22,500 6,300 the Manufacturing
Walter Company has the folowing information for the month of March Cash balance, Wareh 1 Collections from customers Aid to 37,450 22,500 6,300 the Manufacturing overhead Direct labor Selling and intrative expenses Walter pays wages and other cash expenses in the month incurred Manufacturing overhead includes $300 for machinery depreciation, but the amount for sing and administrative expenses is exclusive of depreciation. Additional water is expects to buy a piece of property for $7.200 during March Walter can borrow in increments of $1.000 and would be to maintain a minimum cash balance of $11,000. Required: Prepare Waiter's cash budget for the month of March Beginning Cash Bace Budgeted Cash Recipes Budgeted Cash Payments Primary Cash Balance Cash Borrowed Ending cash balance
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