Cash Budget fin1000_module06_forecasting Sales for Blue Bill Corporation are projected as follows for the months of June through November: June $200,000 July 200,000 August 200,000 September 300,000 October 500,000

Cash Budget        fin1000_module06_forecasting               
                       
Sales for Blue Bill Corporation are projected as follows for the months of June through November:                                       
June    $200,000                    
July    200,000                   
August    200,000           
September    300,000               
October    500,000           
November    200,000               
Credit sales account for 70% of the monthy sales and are collected one month after the sale.                       
Other receipts for October are $50,000.                       
Variable disbursements are 60% of sales each month.                       
Fixed disbursements are $10,000 each month.                       
$80,000 should be included in August for taxes.                       
The company is obligated to make a $400,000 debt repayment in November.                       
Beginning cash in June is $50,000.                       
Desired ending cash each month is $10,000.                       
Complete the monthly cash budget for Blue Bill Corporation for June through November.