4 11 35 21 35 production budget production budget

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11-35 21-35 Production Budget Production Budget Direct Materials Purchases Budget Direct Labor Cost Budget Factory Overhead Cost Budget Cost of Goods Sold Budget Selling & Administrative Expenses Budget Sales Budget 4
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11-36 21-36 Selling and Administrative Expenses Budget 4 Exhibit 14
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11-37 21-37 Budgeted Income Statement Sales budget Cost of goods sold budget Selling and administrative expenses budget 4 Exhibit 15
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11-38 21-38 5 Prepare balance sheet budgets for a manufacturing company.
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11-39 21-39 Schedule of Collections from Sales 5 Exhibit 16
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11-40 21-40 Schedule of Payments for Manufacturing Costs 5 Exhibit 17
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11-41 21-41 Cash Budget Schedule of collections from sales Schedule of cash payments for manufacturing costs 5 Exhibit 18
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11-42 21-42 Capital Expenditure Budget The capital expenditure budget summarizes plans for acquiring fixed assets. Such expenditures are necessary as machinery and other fixed assets wear out or become obsolete. 5
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11-43 21-43 Budgeted Balance Sheet The budgeted balance sheet is prepared and based on the operating, financing, and investing budgets of the master budget. It is similar to a normal balance sheet except that estimated amounts are used. 5
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