Can you help make a cash payments budget and combined cash budget for each quarter and for the year in total. List clearly each type of cash payments (for shirts purchases, labor, overhead, and S&A, and so on). Tip: Depreciation does not require a cash payment.

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Revenue Selling Price Estimated Number of shirts Quarter 1 Quarter 2 Quarter 3 Quarter 4 Quarter 1 Schedule of Collections Cash Collected in Quarter Cash Collected following Quarter Cash Collected in second quarter following Cost Assumptions Purchasing Cost per sweatshirt Desired ending inventory Scheduled payments To be paid in the quarter of purchase To be paid in following quarter Direct labor Costs Hourly wage rate for workers Silk-screening labor hours per shirt 26.5 4700 6800 9100 7600 8200 50% 35% 15% 13.1 25% 40% 60% 14.2 0.1 Costs Sales Compensation Monthly Salary Commision Percentage Designer Costs Monthly Per Shirt Building Costs Rent of building Percent of buliding for silk screening Percent of building for sales and admin Other Cost of ink per shirt advertising cost property taxes and machinery insurance furniture and register tax utilities per shirt maintenance per shirt utilities monthly fixed cost maintenance monthly fixed cost Other Items total equipment cost to be paid in quarter 1 and 2 laon amount interest rate on loan 1260 8.60% $ 680.00 0.27 1500 75% 25% 0.84 108 per week 2640 annually but $ 420.00 paid quarterly 0.10 per shirt 0.08 per shirt 955 1524 1826 40000 8% Revenue Selling Price Estimated Number of shirts Quarter 1 Quarter 2 Quarter 3 Quarter 4 Quarter 1 Schedule of Collections Cash Collected in Quarter Cash Collected following Quarter Cash Collected in second quarter following Cost Assumptions Purchasing Cost per sweatshirt Desired ending inventory Scheduled payments To be paid in the quarter of purchase To be paid in following quarter Direct labor Costs Hourly wage rate for workers Silk-screening labor hours per shirt 26.5 4700 6800 9100 7600 8200 50% 35% 15% 13.1 25% 40% 60% 14.2 0.1 Costs Sales Compensation Monthly Salary Commision Percentage Designer Costs Monthly Per Shirt Building Costs Rent of building Percent of buliding for silk screening Percent of building for sales and admin Other Cost of ink per shirt advertising cost property taxes and machinery insurance furniture and register tax utilities per shirt maintenance per shirt utilities monthly fixed cost maintenance monthly fixed cost Other Items total equipment cost to be paid in quarter 1 and 2 laon amount interest rate on loan 1260 8.60% $ 680.00 0.27 1500 75% 25% 0.84 108 per week 2640 annually but $ 420.00 paid quarterly 0.10 per shirt 0.08 per shirt 955 1524 1826 40000 8%

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Here is the cash payments budget and combined cash budget for Bloomfield Apparel for each quarter of ... View the full answer