PR Algo Relationships of the MasterBudget Components LO
Badlands Incorporated manufactures a household fan that sells for $ per unit. All sales are on account, with percent of sales
collected in the month of sale and percent collected in the following month. The data that follow were extracted from the
company's accounting records.
Badlands maintains a minimum cash balance of $ Total payments in January are budgeted at $
A schedule of cash collections for January and February of revealed the following receipts for the period:
March sales are expected to total units.
Finishedgoods inventories are maintained at percent of the following month's sales.
The December balance sheet revealed the following selected figures: cash, $; accounts receivable, $;
and finished goods, $
