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I need help completeing this problem.   THIS IS ALL ONE PROBLEM. thank you

Problem 20-4A Manufacturing: Preparation of a complete master budget LO P1, P2, P3 [The following information applies to the questions displayed below.] The management of Zigby Manufacturing prepared the following estimated balance sheet for March, 2015 ZIGBY MANUFACTURING Estimated Balance Sheet March 31, 2015 Assets Cash Accounts receivable Raw materials inventory Finished goods inventory $ 69,000 432,000 86,000 348,480 Total current assets Equipment, groSS Accumulated depreciation 935,480 614,000 (157,000) Equipment, net 457,000 Total assets 1,392,480 Liabilities and Equity Accounts payable Short-term notes payable 178,700 19,000 $ 197,700 515,000 Total current liabilities Long-term note payable Total liabilities Common stock Retained earnings 712,700 342,000 337,780 Total stockholders' equity 679,78O Total liabilities and equity 1,392,480

Explanation / Answer

A. Selling expense budget

8. Cash Budget

Total Cash Receipts from customers

Cash Budget

As far as cash budget is concerned

April: 43200

May: 40800

June: 49680

May: 522882

June:640428

April: 123680

May: 134798

June: 55000

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April May June Sales 18000*30=540000 17000*30=510000 20700*30=621000 Sales commission % 8% 8% 8% Sales commission 43200 40800 49680 Sales salaries 3700 3700 3700 Total selling expenses 46900 44500 53380

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