March | April | May | June | |
Direct material | $ 112,000 | $ 139,000 | $ 129,000 | $ 142,000 |
45% paid in the same month (Direct material * 45%) | $ 50,400 | $ 62,550 | $ 58,050 | $ 63,900 |
55% paid in the next month (Direct material * 55%) | $ 61,600 | $ 76,450 | $ 70,950 | $ 78,100 |
Direct labor | $ 44,000 | $ 54,000 | $ 69,000 | $ 167,000 |
Manufacture overhead (Direct labor *150%) | $ 66,000 | $ 81,000 | $ 103,500 | $ 250,500 |
Less: Depreciation | $ 37,000 | $ 37,000 | $ 37,000 | $ 111,000 |
Manufacture overhead paid | $ 29,000 | $ 44,000 | $ 66,500 | $ 139,500 |
Operating expense | $ 87,000 | $ 82,000 | $ 93,000 | $ 262,000 |
Less: depreciation | $ 15,000 | $ 15,000 | $ 15,000 | $ 45,000 |
Less: bad debt expense | $ 2,900 | $ 2,900 | $ 2,900 | $ 8,700 |
Operating expense paid | $ 69,100 | $ 64,100 | $ 75,100 | $ 208,300 |
The fielding company | ||||
Cash payment budget | ||||
For the month of April to June | ||||
April | May | June | Quarter | |
Payment for direct material | ||||
45% paid in current months | $ 62,550 | $ 58,050 | $ 63,900 | $ 184,500 |
55% paid in last months | $ 61,600 | $ 76,450 | $ 70,950 | $ 209,000 |
Payment for direct material | $ 124,150 | $ 134,500 | $ 134,850 | $ 393,500 |
Payment for direct material | $ 124,150 | $ 134,500 | $ 134,850 | $ 393,500 |
Direct labor paid | $ 44,000 | $ 54,000 | $ 69,000 | $ 167,000 |
Manufacture overhead paid | $ 29,000 | $ 44,000 | $ 66,500 | $ 139,500 |
Operating expense paid | $ 69,100 | $ 64,100 | $ 75,100 | $ 208,300 |
Pay for new server | $ 7,000 | $ 7,000 | ||
Tax payment | $ 14,000 | $ 14,000 | ||
Total payments | $ 266,250 | $ 303,600 | $ 359,450 | $ 929,300 |
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