Homework Answers
Correct answer----------$5,000
Working
| Cash Budget | |
| Beginning cash | $ 12,000.00 |
| Expected cash collection | $ 350,000.00 |
| Total cash available | $ 362,000.00 |
| Expected cash payment for | |
| Material | $ 62,000.00 |
| Direct labor | $ 50,000.00 |
| Manufacturing overhead | $ 45,000.00 |
| Operating expenses | $ 88,000.00 |
| Capital expenses | $ 131,000.00 |
| Total cash disbursements | $ 376,000.00 |
| Cash before financing | $ (14,000.00) |
| Loan taken (Repaid) | $ 19,000.00 |
| Ending cash balance | $ 5,000.00 |
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question 12
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question 12
solve below
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