When preparing the cash budget, all the following should be considered except cash payments to suppliers
cash receipts from customers
depreciation expense
cash payments for equipment
Part 2:
Woodpecker Co. has $296,000 in accounts receivable on January 1. Budgeted sales for January are $860,000. Woodpecker Co. expects to sell 20% of its merchandise for cash. Of the remaining 80% of sales on account, 75% are expected to be collected in the month of sale and the remainder the following month. The January cash collections from sales are
$984,000
$688,000
$468,000
$812,000
Part 3:
If budgeted beginning inventory is $8,000, budgeted ending inventory is $9,400, and budgeted cost of goods sold is $10,260, budgeted production should be
a. $11,550
b. $11,660
c. $1,400
d. $9,600

Instructions are below.

Explanation:

Giving the following information:

Accounts receivable= $296,000

Sales on January= $860,000

First, we need to determine the cash collection for January:

Sales on account from previous months= 296,000

Sales on account January= (860,000*0.8)*0.75= 516,000

Sales in cash January= 860,000*0.2= 172,000

Total cash collection= $984,000

Beginning inventory= $8,000

Ending inventory= $9,400

Cost of goods sold= $10,260

To calculate the budgeted production, we need to use the following formula:

Production= sales + desired ending inventory - beginning inventory

Production= 10,260 + 9,400 - 8,000= $11,660

i believe that it is a 45% chance.

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hope this