help me prepare a cash budget, also please dont comment asking me to pay you...
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18. YunCorp has prepared the following budget for September: $1,500,000 Sales revenue Cost of goods sold Gross margin 1,000,000 $ 500,000 Operating expenses 450,000 Operating income $ 50,000 Cost of goods sold is three-fourths variable and period costs are two-thirds variable. Half of variable cost of goods sold consists of direct materials costs. Sales are planned as follows: July 28,000 August 31,000 September 30,000 des YunCorp keeps finished goods inventory balances constant, but raw materials inventories are expected to be 15% of the following month's production needs. YunCorp collects 80% of each month's revenues in the month of sale, 15% in the following month, and the remainder is uncollectible. YunCorp pays for all costs in the month following purchase. YunCorp had $200,000 in their Cash account at the beginning of September. Prepare a cash budget for September
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