prepare the sales budget including a separate section that details the type of sales made cash versus credit for the first three months of the year as well as a summary budget for the quarter

Requirements
1 Prepare the sales budget, including a separate section that details the type of sales made (cash versus credit) for the first three months of the year, as well as a summary budget for the quarter.
2 Prepare the production budget for the first three months of the year, as well as a summary budget for the quarter.
a. Enter all amounts as positive values. Do NOT use parentheses or a minus sign for amounts to be subtracted.
3 Prepare the direct materials purchases budget for the first three months of the year, as well as a summary budget for the quarter. Assume the company needs 120,000 board feet of wood for production in April.
a. Enter all amounts as positive values. Do NOT use parentheses or a minus sign for amounts to be subtracted.
b. Abbreviation used: DM = Direct materials
4 Prepare the cash collections budget for January, February, and March, as well as a summary for the first quarter.
5 Prepare the cash payments budget for direct materials purchases for the months of January, February, and March, as well as a summary for the first quarter.
 
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