April May June Quarter July August

Budgeted sales inunits 20000 50000 30000 100000 25000 15000

Selling price per unit 10.00 10.00 10.00 10.00 10.00 10.00
Total budgeted sales 200000 500000 300000 1000000 250000 150000

Expected Total cash collection

170000 400000 335000 905000

Production Budget
Budgeted Sales in units 20000 50000 30000 100000
beginning Inventory 4000 10000 6000 4000
ending Inventory 10000 6000 5000 5000
Production 26000 46000 29000 101000

Direct Materials Budget

April May June Quarter
Production 26000 46000 29000 101000
Materials per pound 5 5 5 5
Material Required 130000 230000 145000 505000
Ending Raw Material 23000 14500 11500 11500
Total Needed 153000 244500 156500 516500
Beginning Raw Material 13000 23000 14500 13000
Material Purchased 140000 221500 142000 503500
Cost of material Purchased 56000 88600 56800 201400

Expected Cash Disbursement for Materials

Accounts payable from previoius month 12000 28000 44300 12000
To be paid 28000 44300 28400 173000
Total 40000 72300 72700 185000

direct Labour Budget

Total working hours 40
rate per hour 10
time requd per unit 0.05 0.05 0.05
garunteed labour hours 1500 1500 1500
Direct labour hours 1300 2300 1450 5050
Labor hours paid 1500 2300 1500 5300
hourly wage rate 10 10 10 10
Total direct labor costs 15000 23000 15000 53000

Manufacturing Overhead budget

Variable Manufacturing Overhead 26000 46000 29000 101000
Fixed Cost overhead 50000 50000 50000 150000
Total Cost 76000 96000 79000 251000
Lnon cash Cost 20000 20000 20000 60000
Cost disbursements for manufacturing 56000 76000 59000 191000
Cost per Unit 2.1538462 1.652174 2.034483 1.891089

Ending Finished goods Inventory Budget

Beginning Inventory 13000 0.203448 13000
Direct material 5 5 5
Cost 0.4 0.4 0.4
Total 2 2 2
Hourly wage rate 10 10 10
Total 0.5 0.5 0.5
Manufacturing Overhead 49.70 49.70 49.70

Selling and Administrative Expense budget

ariable cost 10000 25000 15000 50000
fixed cost 70000 70000 70000 210000
Total 80000 95000 85000 260000
Non cash -10000 -10000 -10000 -30000
Cash S&A expenses 70000 85000 75000 230000

Cash Budget
Beginning cash balance 40000 30000 30000 185000
cash balances 170000 400000 335000 905000
total cash Available 210000 430000 365000 1090000
cash disbursements
Materials 40000 72300 72700 185000
Direct labor 15000 23000 15000 53000
Manufacturing Overhead 56000 76000 59000 191000
Selling and overhead 70000 85000 75000 230000
equipment purchase 143700 48300 192000
dividend 49000 0 0 49000
Total disbursements 230000 400000 270000 900000
Excess (deficiency) -20000 30000 95000 190000
Financing
Borrowing 50000 0 0 50000
Repayments - - -50000 -50000
Interests - - -2000 -2000
Total financing 50000 0 -52000 -52000
Ending Cash balance 30000 30000 43000 138000