Helen's Company To find wages and salaries (6% of the previous month's sales)

Cash Budget for the third quarter and fourth quarter of 2024 Month Sales (RM) Wages & Salaries Purchase
July August September October November December May RM 300,000.00 -
Sales 425,000 500,000 600,000 625,000 650,000 700,000 June RM 290,000.00 - RM 180,000.00
Cash Receipt: July RM 425,000.00 RM 17,400.00 RM 174,000.00
Cash sales (12%) 51,000 60,000 72,000 75,000 78,000 84,000 August RM 500,000.00 RM 25,500.00 RM 255,000.00
Collection on sales (44%) - 1 month after sales 127,600 187,000 220,000 264,000 275,000 286,000 September RM 600,000.00 RM 30,000.00 RM 300,000.00
Collection on sales (44%) - 2 months after sales 132,000 127,600 187,000 220,000 264,000 275,000 October RM 625,000.00 RM 36,000.00 RM 360,000.00
A) Total Cash Receipt 310,600 374,600 479,000 559,000 617,000 645,000 November RM 650,000.00 RM 37,500.00 RM 375,000.00
Expected purchases of raw material (60% of next month sales) 174,000 255,000 300,000 360,000 375,000 390,000
Cash Disbursement: December RM 700,000.00 RM 39,000.00 RM 390,000.00
Current month raw material purchases (100%) 180,000 174,000 255,000 300,000 360,000 375,000
Wages and Salaries (6%) 17,400 25,500 30,000 36,000 37,500 39,000
Lease payment (2%) 8,500 10,000 12,000 12,500 13,000 14,000
Advertising expense amount (3%) 12,750 15,000 18,000 18,750 19,500 21,000
Prepayment of insurance - - - - - 24,000
R&D expenditures - 60,000 72,000 75,000 - -
Miscellaneous expenditures 15,000 20,000 25,000 30,000 35,000 40,000
Taxes - - 40,000 - - 45,000
B) Total Cash Disbursement 233,650 304,500 452,000 472,250 465,000 558,000
Net Cash Flow (A-B) 76,950 70,100 27,000 86,750 152,000 87,000
(-) Interest on borrowing - - - - - -
(+) Beginning Cash Balance 15,000 91,950 162,050 189,050 275,800 427,800
Ending Cash Balance 91,950 162,050 189,050 275,800 427,800 514,800
Min.Cash Requirement (-) 15,000 15,000 15,000 15,000 15,000 15,000
Surplus/Deficit 76,950 147,050 174,050 260,800 412,800 499,800
 Dayton Bhd
Cash Budget for the third quarter and fourth quarter of 2024
July August September October November December
Sales 170,000 160,000 140,000 180,000 200,000 250,000
Cash Receipt:
Cash Sales (20%) 34,000 32,000 28,000 36,000 40,000 50,000
Collection of sales (40%) - 1 month after sales 100,000 68,000 64,000 56,000 72,000 80,000
Collection of sales (40%) - 2 months after sales 84,000 100,000 68,000 64,000 56,000 72,000
Cash Inflows - - 15,000 27,000 15,000 12,000
A) Total Cash Receipt 218,000 200,000 175,000 183,000 183,000 214,000
Purchases 140,000 100,000 80,000 110,000 100,000 90,000
Cash Disbursements:
Cash Purchase (10%) 14,000 10,000 8,000 11,000 10,000 9,000
Payment on purchase (50%)- 1 month of purchase 75,000 70,000 50,000 40,000 55,000 50,000
Payment on purchase (40%)- 2 months of purchase 48,000 60,000 56,000 40,000 32,000 44,000
Wages & Salaries (20% of previous month sales) 50,000 34,000 32,000 28,000 36,000 40,000
Rents (12%) 20,400 19,200 16,800 21,600 24,000 30,000
Interest payment (10%) - - 14,000 - - 25,000
Principal - - - - - 30,000
Cash Dividend - - 20,000 - - 25,000
Taxes payment - - - - - 80,000
Fixed Asset - 25,000 - - - -
B) Total Cash Disbursements 207,400 218,200 196,800 140,600 157,000 333,000
Net Cash Flow (A-B) 10,600 - 18,200 - 21,800 42,400 26,000 - 119,000
(-) Interest on borrowing - - - - - -
(+) Beginning cash balance 22000 32,600 14,400 - 7,400 35,000 61,000
Ending cash balance 32,600 14,400 - 7,400 35,000 61,000 - 58,000
(-) Minimum cash requirement 15000 15000 15000 15000 15000 15000
Surplus/Deficit 17,600 - 600 - 22,400 20,000 46,000 - 73,000