For the second quarter of the following year Cloaks Company has projected sales and production in...

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For the second quarter of the following year Cloaks Company has projected sales and production in units as follows: Jan Feb M

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1) Budgeted cash disbursements March Particular Jan feb production Cost 452600 572000 [154000 x $11)*40% +215000) [(54000 x $ 2) Budgeted cash recipts Month Sales Collection in feb Jan 1,30,000 Mar November 1,30,000 Deamber 520,000 (650000-120000) 2,6

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