






please organize exactly as
seen, thank you
| ZIGBY MANUFACTURING | ||||
| Factory overhead budget | ||||
| April, May and June 2015 | ||||
| April | May | June | Total | |
| Labour hours needed | 8420 | 9690 | 11240 | 29350 |
| Budgeted variable overhead | 23,576 | 27,132 | 31,472 | 82,180 |
| Budgeted total overhead | 25,369 | 28,925 | 33,265 | 87,559 |
| ZIGBY MANUFACTURING | ||||
| Selling expense budget | ||||
| April, May and June 2015 | ||||
| April | May | June | Total | |
| Budgeted sales units | 23000 | 15300 | 20400 | 58700 |
| Budgeted sales Amount | 542,800 | 361,080 | 481,440 | 1385320 |
| Sales Commission | 54,280 | 36,108 | 48,144 | 138532 |
| Sales manager's salary | 3100 | 3100 | 3100 | 9300 |
| ZIGBY MANUFACTURING | ||||
| General and administrative expense budget | ||||
| April, May and June 2015 | ||||
| April | May | June | ||
| Admin salaries | 13,000 | 13,000 | 13,000 | 39,000 |
| Interest on LT note payable | 2,525 | 2,525 | 2,525 | 7,575 |
| Interest on ST note payable | 120 | |||
| Total expense | 15,525 | 15,525 | 15,525 | |
| Cash Budget | ||||
| Calculation of cash receipts from customers: | ||||
| April | May | June | ||
| Total Budgeted sales | 542,800 | 361,080 | 481,440 | |
| Cash sales | 20% | 108,560 | 72,216 | 96,288 |
| Sales on Credit | 80% | 434,240 | 288,864 | 385,152 |
| Total cash receipt from customers | ||||
| April | May | June | ||
| Current month's cash sales | 108,560 | 72,216 | 96,288 | |
| Collection of receivables | 434,240 | 434,240 | 288,864 | |
| 542,800 | 506,456 | 385,152 | ||
| ZIGBY MANUFACTURING | ||||
| Cash budget | ||||
| April, May and June 2015 | ||||
| April | May | June | ||
| Beginning cash balance | 50,000 | 323,165 | 595,488 | |
| Total Cash available | 592,800 | 829,621 | 980,640 | |
| Cash disbursements: | ||||
| Raw material | 196,610 | 168,400 | 193,800 | |
| Admin salaries | 13,000 | 13,000 | 13,000 | |
| Sales manager's salary | 3,100 | 3,100 | 3,100 | |
| Sales commission | 54,280 | 36,108 | 48,144 | |
| Interest on LT notes | 2,525 | 2,525 | 2,525 | |
| Interest on ST notes | 120 | |||
| Dividend | 11,000 | |||
| Equipment | 131,000 | |||
| Total cash disbursements | 269,635 | 234,133 | 391,569 | |
| Preliminary cash balance | 323,165 | 595,488 | 589,071 | |
| Ending cash balance | 323,165 | 595,488 | 589,071 | |
please organize exactly as seen, thank you The management of Zigby Manufacturing prepared the following estimated...
please
organize exactly as seen, thank you
The management of Zigby Manufacturing prepared the following estimated balance sheet for March, 2015: ZIGBY MANUFACTURING Estimated Balance Sheet March 31, 2015 Assets Cash $ 50.000 Accounts receivable 434,240 Raw materials Inventory 84,210 Finished goods inventory 368,000 Total current assets 936,450 Equipment, gross 602.000 Accumulated depreciation (151,000) Equipment, net 451,000 Total assets $ 1387.450 Liabilities and Equity Accounts payable Short-term notes payable 196,610 12,000 Total current liabilities S 208.610 505,000 Long-term note payable...
The management of Zigby Manufacturing prepared the following estimated balance sheet for March 2017: ZIGBY MANUFACTURING Estimated Balance Sheet March 31, 2017 Assets Cash 58,000 484,640 91,290 Accounts receivable Raw materials inventory Finished goods inventory 393,304 Total current assets 1,027,234 Equipment, gross Accumulated depreciation Equipment, net 636,000 168,000) 468,000 $1,495,234 Total assets Liabilities and Equity Accounts payable Short-term notes payable 206,390 30,000 Total current liabilities 236,390 Long-term note payable Total liabilities 525,000 761,390 Common stock 353,000 Retained earnings 380,844 Total...
The management of Zigby Manufacturing prepared the following
estimated balance sheet for March 2017:
ZIGBY MANUFACTURING
Estimated Balance Sheet
March 31, 2017
Assets
Cash
$
53,000
Accounts receivable
392,400
Raw materials inventory
96,600
Finished goods inventory
313,920
Total current assets
855,920
Equipment, gross
626,000
Accumulated depreciation
(163,000
)
Equipment, net
463,000
Total assets
$
1,318,920
Liabilities and Equity
Accounts payable
$
204,800
Short-term notes payable
25,000
Total current liabilities
229,800
Long-term note payable
520,000
Total liabilities
749,800
Common stock
348,000...
The management of Zigby Manufacturing prepared the following estimated balance sheet for March 2017 ZIGBY MANUFACTURING Estimated Balance Sheet March 31, 2017 Assets Cash Accounts receivable Raw materials inventory Finished goods inventory Total current assets Equipment, gross Accumulated depreciation Equipment, net Total assets 43,000 432,900 86,198 387,168 949,266 606,000 (153, 000) 453,000 $1,402,266 Liabilities and Equity Accounts payable Short-term notes payable Total current liabilities Long-term note payable Total liabilities Common stock Retained earnings Total stockholders equity 194,798 15,000 209,798 500,000...
The management of Zigby Manufacturing prepared the following
estimated balance sheet for March 2019.
ZIGBY MANUFACTURING
Estimated Balance Sheet
March 31, 2019
Assets
Cash
$
42,000
Accounts receivable
364,000
Raw materials inventory
107,200
Finished goods inventory
349,440
Total current assets
862,640
Equipment
604,000
Accumulated depreciation
(152,000
)
Equipment, net
452,000
Total assets
$
1,314,640
Liabilities and Equity
Accounts payable
$
211,300
Short-term notes payable
14,000
Total current liabilities
225,300
Long-term note payable
510,000
Total liabilities
735,300
Common stock
337,000
Retained...
The management of Zigby Manufacturing prepared the following estimated balance sheet for March, 2015: ZIGBY MANUFACTURING Estimated Balance Sheet March 31, 2015 Assets Cash $ 30,000 Accounts receivable 464,100 Raw materials inventory 98,505 Finished goods inventory 450,840 Total current assets 1,043,445 Equipment, gross 620,000 Accumulated depreciation (160,000) Equipment, net 460,000 Total assets $ 1,503,445 Liabilities and Equity ...
The management of Zigby Manufacturing prepared the following estimated balance sheet for March 2017 ZIGBY MANUFACTURING Estimated Balance Sheet March 31, 2017 Assets Cash Accounts receivable Raw materials inventory Finished goods inventory Total current assets Equipment, gross Accumulated depreciation Equipment, net Total assets 43,000 432,900 86,198 387,168 949,266 606,000 (153, 000) 453,000 $1,402,266 Liabilities and Equity Accounts payable Short-term notes payable Total current liabilities Long-term note payable Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and equity...
The management of Zigby Manufacturing prepared the following estimated balance sheet for March 2017 ZIGBY MANUFACTURING Estimated Balance Sheet March 31, 2017 Assets Cash $ 30,000 464, 100 98,505 450,840 1,043,445 620,000 (160, 000) 460,000 $1,503,445 Accounts receivable Raw materials inventory Finished goods inventory Total current assets Equipment, gross Accumulated depreciation Equipment, net Total assets Liabilities and Equity Accounts payable Short-term notes payable Total current liabilities Long-term note payable Total liabilities Common stock 206, 405 22,000 228,405 510,000 738,405 345,000...
The management of Zigby Manufacturing prepared the following estimated balance sheet for March 2019. ZIGBY MANUFACTURING Estimated Balance Sheet March 31, 2019 Assets Cash Accounts receivable Raw materials inventory Finished goods inventory Total current assets Equipment Accumulated depreciation Equipment, net Total assets Liabilities and Equity Accounts payable Short-term notes payable Total current liabilities Long-term note payable Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and equity 65,000 437,760 90, 200 308, 028 900,988 630,000 (165,000) 465,000 $...
The management of Zigby Manufacturing prepared the following estimated balance sheet for March 2017: ZIGBY MANUFACTURING Estimated Balance Sheet March 31, 2817 Assets Cash Accounts receivable Raw materials inventory Finished goods inventory Total current assets Equipment, gross Accumulated depreciation Equipment, net Total assets $44,888 58e,8e 98,288 444,888 1,878,288 688,888 154,888) 454,88e $ 1,532,288 Liabilities and Equity Accounts payable Short-term notes payable Total current liabilities Long-term note payable Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and equity...