Professional Documents
Culture Documents
1.
2.
800 hours
1,600 hours
2,400 hours
$ 60
$144,000
May
3,200
$40
$128,000
800
$70
$ 56,000
$184,000
June
3,200
$40
$128,000
800
$70
$ 56,000
$184,000
10%
$ 18,400
90%
$165,600
$184,000
$ 8,000
12,000
$20,000
4. In the electronic version of the solutions manual, press the CTRL key and click on
the following link: Build a Spreadsheet 09-31.xls
PROBLEM 9-34
1.
2.
February
$ 11,000
90,000
$101,000
$ 52,500
108,000
$ 63,000
$160,500
111,000
5,000
$179,000
3.
March
February
March
$ 27,000
70,000
$ 30,000
24,000
$121,000
98,000
45,000
$173,000
Cash budget:
January
February
March
$ 20,000
160,500
$180,500
121,000
$ 59,500
$ 44,300
179,000
$223,300
173,000
$ 50,300
(15,000)
(200)*
$ 44,300
$ 50,300
* $15,000 x 8% x 2/12
5