Question

Sales
Unit sales for November 2019		114,000
Unit sales for December 2019		103,000
Expected unit sales for January 2020		114,000
Expected unit sales for February 2020		111,000
Expected unit sales for March 2020		116,000
Expected unit sales for April 2020		125,000
Expected unit sales for May 2020		136,000
Unit selling price		$12

Waterways likes to keep 10% of the next month’s unit sales in ending inventory. All sales are on account. 85% of the Accounts Receivable are collected in the month of sale, and 15% of the Accounts Receivable are collected in the month after sale. Accounts receivable on December 31, 2019, totaled $185,400.

Direct Materials

Direct materials cost 80 cents per pound. Two pounds of direct materials are required to produce each unit.

Waterways likes to keep 5% of the materials needed for the next month in its ending inventory. Raw Materials on December 31, 2019, totaled 11,370 pounds. Payment for materials is made within 15 days. 50% is paid in the month of purchase, and 50% is paid in the month after purchase. Accounts Payable on December 31, 2019, totaled $104,580.

Direct Labor

Labor requires 12 minutes per unit for completion and is paid at a rate of $9 per hour.

Manufacturing Overhead
Indirect materials		30¢		per labor hour
Indirect labor		50¢		per labor hour
Utilities		40¢		per labor hour
Maintenance		30¢		per labor hour
Salaries		$41,000		per month
Depreciation		$17,900		per month
Property taxes		$2,400		per month
Insurance		$1,300		per month
Maintenance		$1,200		per month

Selling and Administrative
Variable selling and administrative cost per unit is $1.70.
Advertising		$16,000	a month
Insurance		$1,300	a month
Salaries		$72,000	a month
Depreciation		$2,600	a month
Other fixed costs		$3,100	a month

The Cash balance on December 31, 2019, totaled $102,000, but management has decided it would like to maintain a cash balance of at least $700,000 beginning on January 31, 2020. Dividends are paid each month at the rate of $2.60 per share for 5,280 shares outstanding. The company has an open line of credit with Romney’s Bank. The terms of the agreement requires borrowing to be in $1,000 increments at 9% interest. Waterways borrows on the first day of the month and repays on the last day of the month. A $490,000 equipment purchase is planned for February.

For the first quarter of 2020, prepare a sales budget.

WATERWAYS CORPORATION Sales Budget                                                                        March 2020For the Month Ending March 2020For the First Quarter of 2020
First Quarter
		January		February		March		Quarter
Direct LaborDirect MaterialsExpected Unit SalesProduction UnitsTotal SalesUnit Selling Price
Direct LaborDirect MaterialsExpected Unit SalesProduction UnitsTotal SalesUnit Selling Price		$		$		$		$
Direct LaborDirect MaterialsExpected Unit SalesProduction UnitsTotal SalesUnit Selling Price		$		$		$		$

Correct answer icon

Your answer is correct.

For the first quarter of 2020, prepare a production budget.

WATERWAYS CORPORATION Production Budget                                                                        For the First Quarter of 2020March 2020For the Month Ending March 2020
	First Quarter
		January		February		March		Quarter
Beginning Finished Goods UnitExpected Unit SalesTotal Materials RequiredTotal Required UnitsRequired Production UnitsDesired Ending Finished Goods UnitDirect Materials Per UnitBeginning Direct MaterialsDesired Ending Direct MaterialsDirect Materials Purchases
AddLess:                                                                        Desired Ending Finished Goods UnitExpected Unit SalesDirect Materials PurchasesRequired Production UnitsDirect Materials Per UnitDesired Ending Direct MaterialsBeginning Direct MaterialsTotal Materials RequiredBeginning Finished Goods UnitTotal Required Units
Total Materials RequiredDirect Materials PurchasesTotal Required UnitsDesired Ending Finished Goods UnitRequired Production UnitsDirect Materials Per UnitBeginning Direct MaterialsExpected Unit SalesDesired Ending Direct MaterialsBeginning Finished Goods Unit
AddLess:                                                                        Expected Unit SalesDesired Ending Direct MaterialsTotal Materials RequiredBeginning Finished Goods UnitTotal Required UnitsDirect Materials Per UnitBeginning Direct MaterialsRequired Production UnitsDesired Ending Finished Goods UnitDirect Materials Purchases
Beginning Finished Goods UnitDesired Ending Finished Goods UnitDirect Materials PurchasesDirect Materials Per UnitDesired Ending Direct MaterialsExpected Unit SalesTotal Materials RequiredBeginning Direct MaterialsRequired Production UnitsTotal Required Units

Correct answer icon

Your answer is correct.

For the first quarter of 2020, prepare a direct materials budget. (Round cost per pound to 2 decimal places, e.g. 0.25 and all other answers to 0 decimal places, e.g. 2,520.)

WATERWAYS CORPORATION Direct Materials Budget                                                                        For the Month Ending March 2020For the First Quarter of 2020March 2020
		First Quarter
		January		February		March		Quarter
Direct Labor Time Per UnitCost Per PoundTotal Pounds Required for ProductionTotal Direct Labor CostDirect Labor Cost Per HourTotal Cost of Direct Materials PurchasesDirect Materials PurchasesUnits to be ProducedDirect Materials Per UnitBeginning Materials InventoryDesired Ending InventoryTotal Required Direct Labor HoursTotal Materials Required
Total Pounds Required for ProductionBeginning Materials InventoryDesired Ending InventoryTotal Materials RequiredDirect Labor Time Per UnitCost Per PoundTotal Required Direct Labor HoursUnits to be ProducedTotal Direct Labor CostDirect Labor Cost Per HourTotal Cost of Direct Materials PurchasesDirect Materials PurchasesDirect Materials Per Unit
Beginning Materials InventoryDirect Materials Per UnitTotal Pounds Required for ProductionDirect Labor Time Per UnitTotal Cost of Direct Materials PurchasesUnits to be ProducedDirect Labor Cost Per HourTotal Required Direct Labor HoursCost Per PoundDirect Materials PurchasesDesired Ending InventoryTotal Materials RequiredTotal Direct Labor Cost
AddLess:                                                                        Total Required Direct Labor HoursDirect Materials Per UnitTotal Cost of Direct Materials PurchasesDesired Ending InventoryBeginning Materials InventoryDirect Labor Time Per UnitCost Per PoundTotal Pounds Required for ProductionUnits to be ProducedTotal Materials RequiredTotal Direct Labor CostDirect Materials PurchasesDirect Labor Cost Per Hour
Total Pounds Required for ProductionBeginning Materials InventoryTotal Required Direct Labor HoursDesired Ending InventoryTotal Direct Labor CostDirect Materials Per UnitDirect Materials PurchasesUnits to be ProducedCost Per PoundTotal Cost of Direct Materials PurchasesDirect Labor Cost Per HourDirect Labor Time Per UnitTotal Materials Required
AddLess:                                                                        Total Pounds Required for ProductionUnits to be ProducedDirect Materials PurchasesDesired Ending InventoryTotal Cost of Direct Materials PurchasesDirect Labor Cost Per HourCost Per PoundBeginning Materials InventoryTotal Required Direct Labor HoursDirect Labor Time Per UnitDirect Materials Per UnitTotal Direct Labor CostTotal Materials Required
Desired Ending InventoryTotal Cost of Direct Materials PurchasesUnits to be ProducedTotal Direct Labor CostCost Per PoundDirect Materials PurchasesTotal Pounds Required for ProductionDirect Materials Per UnitTotal Materials RequiredDirect Labor Time Per UnitTotal Required Direct Labor HoursDirect Labor Cost Per HourBeginning Materials Inventory
Direct Labor Cost Per HourTotal Materials RequiredCost Per PoundDirect Materials Per UnitDirect Labor Time Per UnitTotal Pounds Required for ProductionTotal Direct Labor CostDirect Materials PurchasesTotal Required Direct Labor HoursBeginning Materials InventoryTotal Cost of Direct Materials PurchasesDesired Ending InventoryUnits to be Produced		$		$		$
Direct Materials Per UnitTotal Required Direct Labor HoursBeginning Materials InventoryTotal Direct Labor CostTotal Materials RequiredCost Per PoundTotal Pounds Required for ProductionTotal Cost of Direct Materials PurchasesUnits to be ProducedDesired Ending InventoryDirect Labor Time Per UnitDirect Materials PurchasesDirect Labor Cost Per Hour		$		$		$		$

Correct answer icon

Your answer is correct.

For the first quarter of 2020, prepare a direct labor budget. (Round time per unit to nearest hour, e.g. 30 minutes will be rounded to 0.5 hours)

WATERWAYS CORPORATION Direct Labor Budget                                                                        For the First Quarter of 2020March 2020For the Month Ending March 2020
		First Quarter
		January		February		March		Quarter
Desired Ending InventoryDirect Materials PurchasesUnits to be ProducedDirect Materials Per UnitDirect Labor Time (Hours) Per UnitTotal Cost of Direct Materials PurchasesBeginning Materials InventoryTotal Required Direct Labor HoursCost Per PoundTotal Direct Labor CostTotal Materials RequiredDirect Labor Cost Per HourTotal Pounds Required for Production
Total Required Direct Labor HoursDirect Labor Cost Per HourDirect Materials PurchasesDesired Ending InventoryCost Per PoundDirect Labor Time (Hours) Per UnitUnits to be ProducedTotal Direct Labor CostTotal Cost of Direct Materials PurchasesTotal Materials RequiredBeginning Materials InventoryDirect Materials Per UnitTotal Pounds Required for Production
Cost Per PoundTotal Cost of Direct Materials PurchasesDirect Labor Cost Per HourBeginning Materials InventoryTotal Materials RequiredTotal Pounds Required for ProductionTotal Direct Labor CostDesired Ending InventoryDirect Labor Time (Hours) Per UnitTotal Required Direct Labor HoursUnits to be ProducedDirect Materials Per UnitDirect Materials Purchases
Units to be ProducedTotal Required Direct Labor HoursTotal Direct Labor CostDesired Ending InventoryDirect Materials Per UnitCost Per PoundTotal Pounds Required for ProductionBeginning Materials InventoryDirect Materials PurchasesTotal Materials RequiredDirect Labor Cost Per HourTotal Cost of Direct Materials PurchasesDirect Labor Time (Hours) Per Unit		$		$		$		$
Units to be ProducedTotal Pounds Required for ProductionBeginning Materials InventoryDirect Labor Time (Hours) Per UnitTotal Cost of Direct Materials PurchasesDesired Ending InventoryDirect Materials PurchasesDirect Materials Per UnitTotal Direct Labor CostCost Per PoundTotal Required Direct Labor HoursTotal Materials RequiredDirect Labor Cost Per Hour		$		$		$		$

Partially correct answer icon

Your answer is partially correct.

For the first quarter of 2020, prepare a manufacturing overhead budget. (Round overhead rate to 2 decimal places, e.g. 5.25 and all other answers to 0 decimal places, e.g. 2,520. List Variable Costs first.)

WATERWAYS CORPORATION Manufacturing Overhead Budget                                                                        For the Month Ending March 2020For the First Quarter of 2020March 2020
First Quarter
		January		February		March		Quarter
DepreciationDirect Labor HoursFixed CostsTotal Fixed CostsIndirect LaborIndirect MaterialsInsuranceMaintenancePredetermined overhead rate for the quarterProperty TaxesSalariesTotal Manufacturing OverheadTotal Variable CostUtilitiesVariable Costs:
DepreciationDirect Labor HoursFixed CostsTotal Fixed CostsIndirect LaborIndirect MaterialsInsuranceMaintenancePredetermined overhead rate for the quarterProperty TaxesSalariesTotal Manufacturing OverheadTotal Variable CostUtilitiesVariable Costs		$		$		$		$
DepreciationDirect Labor HoursFixed CostsTotal Fixed CostsIndirect LaborIndirect MaterialsInsuranceMaintenancePredetermined overhead rate for the quarterProperty TaxesSalariesTotal Manufacturing OverheadTotal Variable CostUtilitiesVariable Costs
DepreciationDirect Labor HoursFixed CostsTotal Fixed CostsIndirect LaborIndirect MaterialsInsuranceMaintenancePredetermined overhead rate for the quarterProperty TaxesSalariesTotal Manufacturing OverheadTotal Variable CostUtilitiesVariable Costs
DepreciationDirect Labor HoursFixed CostsTotal Fixed CostsIndirect LaborIndirect MaterialsInsuranceMaintenancePredetermined overhead rate for the quarterProperty TaxesSalariesTotal Manufacturing OverheadTotal Variable CostUtilitiesVariable Costs
DepreciationDirect Labor HoursFixed CostsTotal Fixed CostsIndirect LaborIndirect MaterialsInsuranceMaintenancePredetermined overhead rate for the quarterProperty TaxesSalariesTotal Manufacturing OverheadTotal Variable CostUtilitiesVariable Costs		$		$		$		$
DepreciationDirect Labor HoursFixed CostsTotal Fixed CostsIndirect LaborIndirect MaterialsInsuranceMaintenancePredetermined overhead rate for the quarterProperty TaxesSalariesTotal Manufacturing OverheadTotal Variable CostUtilitiesVariable Costs:
DepreciationDirect Labor HoursFixed CostsTotal Fixed CostsIndirect LaborIndirect MaterialsInsuranceMaintenancePredetermined overhead rate for the quarterProperty TaxesSalariesTotal Manufacturing OverheadTotal Variable CostUtilitiesVariable Costs
DepreciationDirect Labor HoursFixed CostsTotal Fixed CostsIndirect LaborIndirect MaterialsInsuranceMaintenancePredetermined overhead rate for the quarterProperty TaxesSalariesTotal Manufacturing OverheadTotal Variable CostUtilitiesVariable Costs
DepreciationDirect Labor HoursFixed CostsTotal Fixed CostsIndirect LaborIndirect MaterialsInsuranceMaintenancePredetermined overhead rate for the quarterProperty TaxesSalariesTotal Manufacturing OverheadTotal Variable CostUtilitiesVariable Costs
DepreciationDirect Labor HoursFixed CostsTotal Fixed CostsIndirect LaborIndirect MaterialsInsuranceMaintenancePredetermined overhead rate for the quarterProperty TaxesSalariesTotal Manufacturing OverheadTotal Variable CostUtilitiesVariable Costs
DepreciationDirect Labor HoursFixed CostsTotal Fixed CostsIndirect LaborIndirect MaterialsInsuranceMaintenancePredetermined overhead rate for the quarterProperty TaxesSalariesTotal Manufacturing OverheadTotal Variable CostUtilitiesVariable Costs
DepreciationDirect Labor HoursFixed CostsTotal Fixed CostsIndirect LaborIndirect MaterialsInsuranceMaintenancePredetermined overhead rate for the quarterProperty TaxesSalariesTotal Manufacturing OverheadTotal Variable CostUtilitiesVariable Costs		$		$		$		$
DepreciationDirect Labor HoursFixed CostsTotal Fixed CostsIndirect LaborIndirect MaterialsInsuranceMaintenancePredetermined overhead rate for the quarterProperty TaxesSalariesTotal Manufacturing OverheadTotal Variable CostUtilitiesVariable Costs		$		$		$		$
DepreciationDirect Labor HoursFixed CostsTotal Fixed CostsIndirect LaborIndirect MaterialsInsuranceMaintenancePredetermined overhead rate for the quarterProperty TaxesSalariesTotal Manufacturing OverheadTotal Variable CostUtilitiesVariable Costs
DepreciationDirect Labor HoursFixed CostsTotal Fixed CostsIndirect LaborIndirect MaterialsInsuranceMaintenancePredetermined overhead rate for the quarterProperty TaxesSalariesTotal Manufacturing OverheadTotal Variable CostUtilitiesVariable Costs								$

Correct answer icon

Your answer is correct.

For the first quarter of 2020, prepare a selling and administrative budget. (Enter per unit expenses rounded to 2 decimal places. E.g. 1.25)

WATERWAYS CORPORATION Selling and Administrative Expense Budget                                                                        For the Month Ending March 2020For the First Quarter of 2020March 2020
First Quarter
		January		February		March		Quarter
AdvertisingBudget Sales In UnitsDepreciationInsuranceOtherSalariesTotal Fixed ExpensesTotal S & A ExpensesTotal Variable S & A ExpenseVariable Expenses Per UnitFixed Expenses
AdvertisingBudget Sales In UnitsDepreciationInsuranceOtherSalariesTotal Fixed ExpensesTotal S & A ExpensesTotal Variable S & A ExpenseVariable Expenses Per UnitFixed Expenses		$		$		$		$
AdvertisingBudget Sales In UnitsDepreciationInsuranceOtherSalariesTotal Fixed ExpensesTotal S & A ExpensesTotal Variable S & A ExpenseVariable Expenses Per UnitFixed Expenses		$		$		$		$
AdvertisingBudget Sales In UnitsDepreciationInsuranceOtherSalariesTotal Fixed ExpensesTotal S & A ExpensesTotal Variable S & A ExpenseVariable Expenses Per UnitFixed Expenses:
AdvertisingBudget Sales In UnitsDepreciationInsuranceOtherSalariesTotal Fixed ExpensesTotal S & A ExpensesTotal Variable S & A ExpenseVariable Expenses Per UnitFixed Expenses		$		$		$		$
AdvertisingBudget Sales In UnitsDepreciationInsuranceOtherSalariesTotal Fixed ExpensesTotal S & A ExpensesTotal Variable S & A ExpenseVariable Expenses Per UnitFixed Expenses
AdvertisingBudget Sales In UnitsDepreciationInsuranceOtherSalariesTotal Fixed ExpensesTotal S & A ExpensesTotal Variable S & A ExpenseVariable Expenses Per UnitFixed Expenses
AdvertisingBudget Sales In UnitsDepreciationInsuranceOtherSalariesTotal Fixed ExpensesTotal S & A ExpensesTotal Variable S & A ExpenseVariable Expenses Per UnitFixed Expenses
AdvertisingBudget Sales In UnitsDepreciationInsuranceOtherSalariesTotal Fixed ExpensesTotal S & A ExpensesTotal Variable S & A ExpenseVariable Expenses Per UnitFixed Expenses
AdvertisingBudget Sales In UnitsDepreciationInsuranceOtherSalariesTotal Fixed ExpensesTotal S & A ExpensesTotal Variable S & A ExpenseVariable Expenses Per UnitFixed Expenses		$		$		$		$
AdvertisingBudget Sales In UnitsDepreciationInsuranceOtherSalariesTotal Fixed ExpensesTotal S & A ExpensesTotal Variable S & A ExpenseVariable Expenses Per UnitFixed Expenses		$		$		$		$

Incorrect answer icon

Your answer is incorrect.

For the first quarter of 2020, prepare a schedule for expected cash collections from customers.

Schedule of Expected Collections from Customers
		January		February		March		Quarter
Accounts receivable, 12/31/19		$		$		$		$
January sales
February sales
March sales
Total cash collections		$		$		$		$

Incorrect answer icon

Your answer is incorrect.

For the first quarter of 2020, prepare a schedule for expected payments for materials purchases. (Round answers to 0 decimal places, e.g. 2,520.)

Schedule of Expected Cash Payments for Purchases
		January		February		March		Quarter
Accounts payable, 12/31/19		$		$		$		$
January
February
March
Total payments		$		$		$		$

New attempt is in progress. Some of the new entries may impact the last attempt grading.

Your answer is partially correct.

For the first quarter of 2020, prepare a cash budget. (Round answers to 0 decimal places, e.g. 2,520.)

WATERWAYS CORPORATION Cash Budget                                                                        March 2020For the Month Ending March 2020For the First Quarter of 2020
First Quarter
		January		February		March		Quarter
Beginning Cash BalanceBorrowingsCollections From CustomersDirect LaborDirect MaterialsDisbursementsDividendsEnding Cash BalanceEquipment PurchaseExcess (Deficiency) Of Available Cash Over Cash DisbursementsFinancingInterestManufacturing OverheadReceiptsRepaymentsSelling And AdministrativeTotal Available CashTotal Disbursements		$		$		$		$
AddLess:                                                                        Beginning Cash BalanceBorrowingsCollections From CustomersDirect LaborDirect MaterialsDisbursementsDividendsEnding Cash BalanceEquipment PurchaseExcess (Deficiency) Of Available Cash Over Cash DisbursementsFinancingInterestManufacturing OverheadReceiptsRepaymentsSelling And AdministrativeTotal Available CashTotal Disbursements
Beginning Cash BalanceBorrowingsCollections From CustomersDirect LaborDirect MaterialsDisbursementsDividendsEnding Cash BalanceEquipment PurchaseExcess (Deficiency) Of Available Cash Over Cash DisbursementsFinancingInterestManufacturing OverheadReceiptsRepaymentsSelling And AdministrativeTotal Available CashTotal Disbursements
Beginning Cash BalanceBorrowingsCollections From CustomersDirect LaborDirect MaterialsDisbursementsDividendsEnding Cash BalanceEquipment PurchaseExcess (Deficiency) Of Available Cash Over Cash DisbursementsFinancingInterestManufacturing OverheadReceiptsRepaymentsSelling And AdministrativeTotal Available CashTotal Disbursements
AddLess:                                                                        Beginning Cash BalanceBorrowingsCollections From CustomersDirect LaborDirect MaterialsDisbursementsDividendsEnding cash balanceEquipment PurchaseExcess (Deficiency) Of Available Cash Over Cash DisbursementsFinancingInterestManufacturing OverheadReceiptsRepaymentsSelling And AdministrativeTotal Available CashTotal Disbursements
Beginning Cash BalanceBorrowingsCollections From CustomersDirect LaborDirect MaterialsDisbursementsDividendsEnding Cash BalanceEquipment PurchaseExcess (Deficiency) Of Available Cash Over Cash DisbursementsFinancingInterestManufacturing OverheadReceiptsRepaymentsSelling And AdministrativeTotal Available CashTotal Disbursements
Beginning Cash BalanceBorrowingsCollections From CustomersDirect LaborDirect MaterialsDisbursementsDividendsEnding Cash BalanceEquipment PurchaseExcess (Deficiency) Of Available Cash Over Cash DisbursementsFinancingInterestManufacturing OverheadReceiptsRepaymentsSelling And AdministrativeTotal Available CashTotal Disbursements
Beginning Cash BalanceBorrowingsCollections From CustomersDirect LaborDirect MaterialsDisbursementsDividendsEnding Cash BalanceEquipment PurchaseExcess (Deficiency) Of Available Cash Over Cash DisbursementsFinancingInterestManufacturing OverheadReceiptsRepaymentsSelling And AdministrativeTotal Available CashTotal Disbursements
Beginning Cash BalanceBorrowingsCollections From CustomersDirect LaborDirect MaterialsDisbursementsDividendsEnding Cash BalanceEquipment PurchaseExcess (Deficiency) Of Available Cash Over Cash DisbursementsFinancingInterestManufacturing OverheadReceiptsRepaymentsSelling And AdministrativeTotal Available CashTotal Disbursements
Beginning Cash BalanceBorrowingsCollections From CustomersDirect LaborDirect MaterialsDisbursementsDividendsEnding Cash BalanceEquipment PurchaseExcess (Deficiency) Of Available Cash Over Cash DisbursementsFinancingInterestManufacturing OverheadReceiptsRepaymentsSelling And AdministrativeTotal Available CashTotal Disbursements
Beginning Cash BalanceBorrowingsCollections From CustomersDirect LaborDirect MaterialsDisbursementsDividendsEnding Cash BalanceEquipment PurchaseExcess (Deficiency) Of Available Cash Over Cash DisbursementsFinancingInterestManufacturing OverheadReceiptsRepaymentsSelling And AdministrativeTotal Available CashTotal Disbursements
Beginning Cash BalanceBorrowingsCollections From CustomersDirect LaborDirect MaterialsDisbursementsDividendsEnding Cash BalanceEquipment PurchaseExcess (Deficiency) Of Available Cash Over Cash DisbursementsFinancingInterestManufacturing OverheadReceiptsRepaymentsSelling And AdministrativeTotal Available CashTotal Disbursements
Beginning Cash BalanceBorrowingsCollections From CustomersDirect LaborDirect MaterialsDisbursementsDividendsEnding Cash BalanceEquipment PurchaseExcess (Deficiency) Of Available Cash Over Cash DisbursementsFinancingInterestManufacturing OverheadReceiptsRepaymentsSelling And AdministrativeTotal Available CashTotal Disbursements
Beginning Cash BalanceBorrowingsCollections From CustomersDirect LaborDirect MaterialsDisbursementsDividendsEnding Cash BalanceEquipment PurchaseExcess (Deficiency) Of Available Cash Over Cash DisbursementsFinancingInterestManufacturing OverheadReceiptsRepaymentsSelling And AdministrativeTotal Available CashTotal Disbursements
AddLess:                                                                        Beginning Cash BalanceBorrowingsCollections From CustomersDirect LaborDirect MaterialsDisbursementsDividendsEnding Cash BalanceEquipment PurchaseExcess (Deficiency) Of Available Cash Over Cash DisbursementsFinancingInterestManufacturing OverheadReceiptsRepaymentsSelling And AdministrativeTotal Available CashTotal Disbursements
AddLess:
Beginning Cash BalanceBorrowingsCollections From CustomersDirect LaborDirect MaterialsDisbursementsDividendsEnding Cash BalanceEquipment PurchaseExcess (Deficiency) Of Available Cash Over Cash DisbursementsFinancingInterestManufacturing OverheadReceiptsRepaymentsSelling And AdministrativeTotal Available CashTotal Disbursements
Beginning Cash BalanceBorrowingsCollections From CustomersDirect LaborDirect MaterialsDisbursementsDividendsEnding Cash BalanceEquipment PurchaseExcess (Deficiency) Of Available Cash Over Cash DisbursementsFinancingInterestManufacturing OverheadReceiptsRepaymentsSelling And AdministrativeTotal Available CashTotal Disbursements
Beginning Cash BalanceBorrowingsCollections From CustomersDirect LaborDirect MaterialsDisbursementsDividendsEnding Cash BalanceEquipment PurchaseExcess (Deficiency) Of Available Cash Over Cash DisbursementsFinancingInterestManufacturing OverheadReceiptsRepaymentsSelling And AdministrativeTotal Available CashTotal Disbursements		$		$		$		$