a. Beginning cash balance on March 1, $78,000. b. Cash receipts from sales, $306,000. c. Cash...

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a. Beginning cash balance on March 1, $78,000. b. Cash receipts from sales, $306,000. c. Cash payments for direct materials, $134,000. d. Cash payments for direct labor, $76,000. e. Cash payments for overhead, $37,000. f. Cash payments for sales commissions, $8,000 g. Cash payments for Interest, $160 (1% of beginning loan balance of $16,000) h. Cash repayment of loan, $16,000. Prepare a cash budget for March for Gado Company. GADO COMPANY Cash Budget March Total cash available Less: Cash payments for Total cash payments Preliminary cash balance Loan activity Ending cash balance Loan balance, end of month S S 0 0 0 0 a. Beginning cash balance on March 1, $78,000. b. Cash receipts from sales, $306,000. c. Cash payments for direct materials, $134,000. d. Cash payments for direct labor, $76,000. e. Cash payments for overhead, $37,000. f. Cash payments for sales commissions, $8,000 g. Cash payments for Interest, $160 (1% of beginning loan balance of $16,000) h. Cash repayment of loan, $16,000. Prepare a cash budget for March for Gado Company. GADO COMPANY Cash Budget March Total cash available Less: Cash payments for Total cash payments Preliminary cash balance Loan activity Ending cash balance Loan balance, end of month S S 0 0 0 0

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GADO COMPANY Cash Budget For Month Ended March 31 73000 30700... View the full answer