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The treasurer of Unisyms Company has accumulated the following budget information for the first two months of the coming year:

	March	April
Sales	$450,000	$520,000
Manufacturing costs	290,000	350,000
Selling and administrative expenses	41,400	46,400
Capital additions	250,000	--

The company expects to sell about 35% of its merchandise for cash. Of sales on account, 80% are expected to be collected in full in the month of the sale and the remainder in the month following the sale. One-fourth of the manufacturing costs are expected to be paid in the month in which they are incurred and the other three-fourths in the following month. Depreciation, insurance, and property taxes represent $6,400 of the probable monthly selling and administrative expenses. Insurance is paid in February, and a $40,000 installment on income taxes is expected to be paid in April. Of the remainder of the selling and administrative expenses, one-half are expected to be paid in the month in which they are incurred, with the balance paid in the following month. Capital additions of $250,000 are expected to be paid in March.

Current assets as of March 1 are composed of cash of $45,000 and accounts receivable of $51,000. Current liabilities as of March 1 are composed of accounts payable of $121,500 ($102,000 for materials purchases and $19,500 for operating expenses). Management desires to maintain a minimum cash balance of $20,000.

Prepare a monthly cash budget for March and April.

Unisyms Company
Cash Budget
For the Two Months Ending April 30, 20XX
	March	April
Estimated cash receipts from:
	$fill in the blank 2	$fill in the blank 3
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Total cash receipts	$fill in the blank 7	$fill in the blank 8
Estimated cash payments for:
	$fill in the blank 10	$fill in the blank 11
	fill in the blank 13	fill in the blank 14
	fill in the blank 16
		fill in the blank 18
Total cash payments	$fill in the blank 19	$fill in the blank 20
	$fill in the blank 22	$fill in the blank 23
	fill in the blank 25	fill in the blank 26
	$fill in the blank 28	$fill in the blank 29
	fill in the blank 31	fill in the blank 32
	$fill in the blank 34	$fill in the blank 35

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