MARS CORPORATION

Sales Budget

Quarter
1 2 3 4 TOTAL
Expected Sales in Units 11,000 12,000 14,000 13,000 50,000
Unit Sales Price (P) x 18.00 x 18.00 x 18.00 x 18.00 x 18.00
Total Sales P 198,000 P 216,00 P 252,000 P 234,000 P 900,000

Schedule of Expected Cash Allocation

1 2 3 4 TOTAL
Accounts Receivable P 70,200 P 70,200
Sales
First Quarter P 128,700 P 59,400 188,100
Second Quarter 140,400 P 64,800 205,200
Third Quarter 163,800 P 75,600 239,400
Fourth Quarter 152,100 152,100
Total Cash Allocation P 198,900 P 199,800 P 228,600 P 227,700 P 855,000

Uncollectible Accounts
First Quarter P 9,900
Second Quarter 10,800
Third Quarter 12,600
Fourth Quarter 11,700
Total Uncollectible Accounts P45,000

MARS CORPORATION
Production Budget

Quarter
1 2 3 4 TOTAL
Budgeted Sales Volume 11,000 12,000 14,000 13,000 50,000
Add: Desired Ending Inventory 1,800 2,100 1,950 1,850 1,850
Units Availablr for Sale 12,800 14,100 15,950 14,850 51,850
Less: Beginning Inventory 1,650 1,800 2,100 1,950 1,650
Required Production Units 11,150 12,300 13,850 12,900 50,200

JAN PRODUCTS
Budgeted Schedule of Cost of Goods Manufactured

YEAR
2019 2020 2021
Manufacturing Cost
Direct Materials 108,000 113,400 119,070
Direct Labor 300,000 315,000 330,750
Variable Manufacturing Overhead 72,000 72,000 72,000
Fixed Manufacturing Overhead 270,000 270,000 270,000
Total Manufacturing Cost 750,000 770,400 791,820
Add: Beginning Work-in-Process 0 0 0
Total Work-In-Process 750,000 770,400 791,820
Less: Ending Work-in-Process 0 0 0
COST OF GOOD MANUFACTURED 750,000 770,400 791,820
 Concept Design Co.
Cash Budget
For the Year Ended December 31, 2016

January February March April May June

Cash Receipts from Collection
Less: Purchase of Raw Materials
Less: Payment for Salaries and Wages
Less: Payment to Delivery Contractors
Less: Dividends Paid
Less: Income Tax Paid
Net Cash Flow
Add: Beginning Cash
Less: Required Ending Balance
Add: Return of Invesment (12%)
Less: Interest on Borrowing (16%)
Less: Repayment of Principal
Add: Liquidation of Investment
Required Financing
Excess Cash

January February March April May June

Loan Balance - Beginning 587,575
Add: Required Financing
Less: Repayments

January February March April May June

Investment Balance - Beginning
Add: Excess Cash
Less: Liquidations
Investment Balance - End

Concept Design Co.

Income Statement
For the Year Ended December 31, 2016

Gross Sales
Cost of Good Sold
Gross Profit
Delivery Fees
Operating Expenses
Depreciation
Interest Expense
Pretax Profit
Income Tax
Net Profit
 Concept Design Co.
Balance Sheet
For the Year Ended December 31, 2016

Cash
Accounts Receivable
Inventories
Short-term Investment
Total Current Assets
Gross Plant, Property, and Equipment
Accumulated Depreciation
Net PPE
Total Assets
Accounts Payable
Short-term Borrowings
Payable to PPE Suppliers
Accrued Taxes
Total Current Liabilities
Owner's Equity
Total Liabilities and Equity
 gn Co.
get
cember 31, 2016

July August September October November December Total

July August September October November December Total

July August September October November December Total