Sage Creek Budgets - Dustin Johnston 1 Sage Creek Company...

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Dustin Johnston 1 Sage Creek Company Sales Budget For the Quarter Ending March 31, 2009 January February March Quarter Cash sales $24,500 $27,440 $29,635 $81,575 Credit sales $45,500 $50,960 $55,037 $151,497 Total sales $70,000 $78,400 $84,672 $233,072 Sage Creek Company Schedule of Expected Cash Collections from Sales For the Quarter Ending March 31, 2009 January February March Quarter Cash sales $24,500 $27,440 $29,635 $81,575 Credit sales $39,000 $45,500 $50,960 $135,460 Total collections $63,500 $72,940 $80,595 $217,035
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Name Dustin Johnston Section 1 Sage Creek Company Purchases Budget For the Quarter Ending March 31, 2009 January February March Quarter Cost of Goods Sold $49,000 $54,880 $59,270 $163,150 Add: Desired ending inventory $10,976 $11,854 $10,500 $10,500 Total inventory required $59,976 $66,734 $69,770 $196,480 Less: Beginning inventory $9,800 $10,976 $11,854 $9,800 Purchases $50,176 $55,758 $57,916 $163,850 Sage Creek Company Budgeted Cash Payments for Purchases For the Quarter Ending March 31, 2009
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This note was uploaded on 06/20/2011 for the course FIN 367 taught by Professor ? during the Spring '09 term at Sam Houston State University.

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Sage Creek Budgets - Dustin Johnston 1 Sage Creek Company...

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