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  3. beginning cash balance on march 1, $77,000. cash r

Beginning cash balance on March 1, $77,000. Cash receipts from sales, $307,000. Cash payments for...

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Accounting

Beginning cash balance on March 1, $77,000. Cash receipts from sales, $307,000. Cash payments for direct materials, $133,000. Cash payments for direct labor, $72,000. Cash payments for overhead, $38,000. Cash payments for sales commissions, $7,000 Cash payments for interest, $160 (1% of beginning loan balance of $16,000) Cash repayment of loan, $16,000. Prepare a cash budget for March for Gado Company

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