Blue Spruce Corporation is projecting a cash balance of $27,000 in its December 31,2021 ,
balance sheet. Blue Spruce's schedule of expected collections from customers for the first quarter
of 2022 shows total collections of $183,000. The schedule of expected payments for direct
materials for the first quarter of 2022 shows total payments of $44,000.0 ther information
gathered for the first quarter of 2022 is as follows: sale of equipment $3,000; direct labour
$64,000, manufacturing overhead $34,000; selling and administrative expenses $49,000; and
purchase of securities $12,000. Blue Spruce wants to maintain a balance of at least $24,000 cash
at the end of each quarter. Prepare a cash budget for the first quarter:.
TataKelola dan KamSiber Kecerdasan Buatan v022.pdf
Blue Spruce Corporation is projecting a cash balance of $27,000 in it.pdf
1. Blue Spruce Corporation is projecting a cash balance of $27,000 in its December 31,2021 ,
balance sheet. Blue Spruce's schedule of expected collections from customers for the first quarter
of 2022 shows total collections of $183,000. The schedule of expected payments for direct
materials for the first quarter of 2022 shows total payments of $44,000.0 ther information
gathered for the first quarter of 2022 is as follows: sale of equipment $3,000; direct labour
$64,000, manufacturing overhead $34,000; selling and administrative expenses $49,000; and
purchase of securities $12,000. Blue Spruce wants to maintain a balance of at least $24,000 cash
at the end of each quarter. Prepare a cash budget for the first quarter:
