Using the following information: a. Beginning cash balance on March 1, $81,000. b. Cash receipts from...

 

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Using the following information: a. Beginning cash balance on March 1, $81,000. b. Cash receipts from sales, $307,000. c. Cash payments for direct materials, $137,000. d. Cash payments for direct labor, $70,000. e. Cash payments for overhead, $39,000. f. Cash payments for sales commissions, $7,000 g. Cash payments for interest, $130 (1% of beginning loan balance of $13,000) h. Cash repayment of loan, $13,000. Prepare a cash budget for March for Gado Company. Total cash available Less: Cash payments for Total cash payments Preliminary cash balance GADO COMPANY Cash Budget March 0 0 $ 0 < Prev 13 of 13 Next Using the following information: a. Beginning cash balance on March 1, $81,000. b. Cash receipts from sales, $307,000. c. Cash payments for direct materials, $137,000. d. Cash payments for direct labor, $70,000. e. Cash payments for overhead, $39,000. f. Cash payments for sales commissions, $7,000 g. Cash payments for interest, $130 (1% of beginning loan balance of $13,000) h. Cash repayment of loan, $13,000. Prepare a cash budget for March for Gado Company. Total cash available Less: Cash payments for Total cash payments Preliminary cash balance GADO COMPANY Cash Budget March 0 0 $ 0 < Prev 13 of 13 Next