Assume that waycross manufacturing manages its cash flow from its home office. waycross controls cash disbursements by
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Assume that waycross manufacturing manages its cash flow from its home office. waycross controls cash disbursements by category and month. in setting its budget for the next six months, beginning in july, it used the following managerial guidelines:category guidelinespurchases
Pay half in current and half in following month.payroll
Pay 80 percent in current month and 20 percent in following month.loan payments
Pay total amount due each month.predicted activity for selected months follow:
Predicted activity for selected months follow:
Required
Prepare a schedule showing cash disbursements by account for july and august.
Related Book For
Managing Operations Across the Supply Chain
ISBN: 978-0078024030
2nd edition
Authors: Morgan Swink, Steven Melnyk, Bixby Cooper, Janet Hartley
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