Required:

Prepare a master budget for the three$-$month period ending June $30.$ Include the following detailed schedules:

$1.$ a$.$ A sales budget, by month and in total.

b$.$ A schedule of expected cash collections, by month and in total.

c$.$ A merchandise purchases budget in units and in dollars. Show the budget by month and in total.

d$.$ A schedule of expected cash disbursements for merchandise purchases, by month and in total.

$2.$ A cash budget. Show the budget by month and in total. Determine any borrowing that would be needed to maintain $\backslash ($ t $\backslash )$ minimum cash balance of $\backslash (\backslash$$ $65,000\backslash ).$

$3.$ A budgeted income statement for the three$-$month period ending June $30.$ Use the contribution approach.

$4.$ A budgeted balance sheet as of June $30.$

Prepare a master budget for the three$-$month period ending June $30$ that includes a merchandise purchases budget in units and in dollars. Show the budget by month and in total.

Note: Round unit cost to $2$ decimal places.

$1.$ a$.$ A sales budget, by month and in total.

b$.$ A schedule of expected cash collections, by month and in total.

c$.$ A merchandise purchases budget in units and in dollars. Show the budget by month and in total.

d$.$ A schedule of expected cash disbursements for merchandise purchases, by month and in total.

$2.$ A cash budget. Show the budget by month and in total. Determine any borrowing that would be needed to maintain the minimum cash balance of $\backslash (\backslash$$ $65,000\backslash ).$

$3.$ A budgeted income statement for the three$-$month period ending June $30.$ Use the contribution approach.

$4.$ A budgeted balance sheet as of June $30.$

Complete this question by entering your answers in the tabs below.

Prepare a master budget for the three$-$month period ending June $30$ that includes a schedule of expected cash disbursements for merchandise purchases, by month and in total. Complete this question by entering your answers in the tabs below.

Required $1$ A

Required $1$B

Required $1$C

Required $1$D

Required $3$

Required $4$

Prepare a master budget for the three$-$month period ending June $30$ that includes a cash budget. Show the budget by month and in total. Determine any borrowing that would be needed to maintain the minimum cash balance of $$65,000.$

Note: Cash deficiency, repayments and interest should be indicated by a minus sign.

Complete this question by entering your answers in the tabs below.

Required $1$A

Required $1$B

Required $1$C

Required $1$D

Prepare a master budget for the three$-$month period ending June $30$ that includes a cash budget. Show the budget by month and in total. Determine any borrowing that would be needed to maintain the minimum cash balance of $\backslash (\backslash$$ $65,000\backslash ).$

Note: Cash deficiency, repayments and interest should be indicated by a minus sign.