you are required to prepare a master budget covering the following heads for a startup company (hypothetical/actual).

4. Direct materials budget 5. Schedule of cash disbursement 6. Direct labor budget 7. Manufacturing overhead budget 8. Selling and administrative expense budget

Assumption:

iv. Non-cash expenses: You must show the non-cash items such as depreciation/amortization etc. when you create your manufacturing overhead budget/Selling and Administrative expense budget. v. Additional years/quarter data: You can keep additional sales (in unit/amounts) and additional raw materials to create/manage ending inventory/raw materials to prepare your current quarter budget. vi. Record some purchase of equipment, land and building in the first and second month respectively. vii. Record dividend payment in the second month. viii. Put a minimum cash balance policy for the company and open a line of credit with the financing company to borrow from them.