Description of this paper

Prepare a cash budget for January 2006 to March 2006 with the following information given.

Description

solution


Question

Prepare a cash budget for January 2006 to March 2006 with the following;information given.;Cash balance at 1 January 2006 = ?5500;Selling price = ?16.00 1/2 received in the production month;being considered.;1/2 received two months later;(e.g. in January receive 1/2 of January?s;plus 1/2 of November?s);Direct labour = ?5.00 paid same month of production;Direct materials = ?5.00 paid the month before production;Variable costs = ?4.00 1/2 paid in the month before production;1/2 paid in the month of production;(e.g. for January, pay 1/2 in December;plus 1/2 in January);Fixed costs = ?1500 per month.;Use the grid on page 8 to illustrate your answers.;Oct.;Sales;Production;1400;1250;Nov.;1000;1200;Dec.;800;1000;Jan.;1000;800;Feb.;1000;1500;Mar.;1200;1750;Apr.;1000;1400;Opening balances;Receipts (1);Receipts (2);TOTAL INCOME;Direct labour;Direct materials;Variable costs (1);Variable costs (2);Fixed costs;TOTAL COSTS;NET TOTAL FOR;MONTH;February March;8;Teesside University Open Learning;(Engineering);? Teesside University 2011

 

Paper#76734 | Written in 18-Jul-2015

Price : $22
SiteLock