Master Budget ? Victoria Kite Company
Schedule a: Sales budget
October $38,000 December $25,000 February $75,000 April $45,000
November 25,000 January 62,000 March 38,000
Schedule b: Cash Collections Budget
January February March Total
Cash sales $6,200 $22,500 $22,800 $51,500
Collections from prior month 25,000 62,000 75,000 139,500
Total collections $31,200 $84,500 $97,800 $213,500
Schedule c: Purchases Budget
January February March Total
Desired ending inventory $8,050 $6,000 $6,000 $20,050
Plus cost of goods sold 31,000 37,500 19,000 87,500
Total need $39050 $43,500 $25,000 $107,550
Less beginning inventory 39,050 8,050 6,000 53,100
Total purchases $0 $12,300 $19,000 $54,450
Schedule d: Disburseme ...