Master Budget
WASATCH MANUFACTURING
Master Budget
Unit Sales
Price Per Unit
Sales Revenue
$
$
Sales Budget
December
January
February
7000
8000
9000
15 $
15 $
15 $
105,000 $ 120,000 $ 135,000 $
Cash Sales
Credit Sales
Total cash collections
Unit sales
Plus: Desired ending inventory
Total needed
Less: Beginning inventory
Units to produce
Production Budget
January
February
8000
9000
1800
1720
9800
10720
-1600
-1800
8200
8920
$
$
$
March
April
May
8600
9400
6800
15 $
15 $
15
129,000 $ 141,000 $ 102,000
March
38,700
94,500
133,200
March
8600
1880
10480
-1720
8760
Quarter
$ 115,200
$ 252,000
$ 367,200
Quarter
25600
1880
27480
-1600
25880
Page 1 of 9
Duane Bennett
Master Budget
103520
15528
119048
-4920
114128
1.00
Quarter
$ 37,000
$ 33,232
$ 35,584
$ 11,328
$ 117,144
33,820
35040
15528
50568
-5256
45312
1.00 $
35,584
8760
4
$ 114,128
45,308
Quarter
25880
4
45,312
33,232
March
38,016
March
Quarter
8760
25880
0.1
0.1
876
2588
15.00 $
15.00
13,140 $ 38,820
Page 2 of 9
Duane Bennett
Master Budget
Page 3 of 9
Duane Bennett
Master Budget
Quarter
$ 30,000
$ 18,000
10,250
11,150
10,950
32,350
26,250
27,150
26,950
80,350
Quarter
$ 33,280
$
6,600
13,900
13,380
39,880
March
20,604
Quarter
17,000
12,600
$
$
109,500
126,500
$ 124,500
$ 146,618
$
$
133,200
153,804
$ 367,200
$ 384,200
$
$
$
$
33,232
12,300
26,250
12,600
$
$
$
$
45,312
13,140
26,950
13,380
$
$
20,000
104,382
$ 35,584
$ 13,380
$ 27,150
$ 13,900
$ 28,000
$
8,000
$ 126,014
$
$
25,000
123,782
$ 114,128
$ 38,820
$ 80,350
$ 39,880
$ 28,000
$ 53,000
$ 354,178
Page 4 of 9
Duane Bennett
Ending Cash before Financing
Financing:
Borrowings
Repayments
Interest Payments
Cash Balance, Ending
Master Budget
$
22,118
20,604
30,022
30,022
$
$
$
$
$
$
22,118
20,604
30,022
30,022
Page 5 of 9
Duane Bennett
Master Budget
$
$
$
$
4.00
1.50
1.25
1.85
8.60
87,656.28
Page 6 of 9
Duane Bennett
Master Budget
Page 7 of 9
Duane Bennett
Master Budget
$
$
$
$
$
$
$
$
$
$
$
$
$
17,000
73,500
20,000
105,000
37,000
95,000
40,000
105,000
120,000
135,000
129,000
141,000
102,000
Sales %
Cash
Credit
30%
70%
20%
15%
Page 8 of 9
Duane Bennett
Master Budget
Current Month
Next Month
25%
75%
1.25
1.30
1.25%
23%
Page 9 of 9