Respuesta :
Cost budgeting can be defined as a tool to estimate the costs or necessary efforts for projects, work packages or activities in project management
Calculation of missing data in 1st Quarter
Collections from customers = Total cash available - Cash balance beginning
= $71 - $6
= $65
Total disbursements = Total Cash available + Deficiency in cash
= $71 + $2
= $73
Selling and administrative expenses = Total disbursements - Purchase of inventory - Equipment Purchase - Dividends
= $73 - $35 - $8 - $2
= $28
Borrowings = $5 + Deficiency in cash
= $5 + $2
= $7
Calculation of missing data in 2nd Quarter
Deficiency in cash = Borrowings - Minimum cash balance
= $15 - $
= $10
Total Cash available = Total Disbursements - Deficiency in cash
= $85 - $10
= $75
Collections from customers = Total cash available - Cash balance beginning
= $75 - $5
= $70
Calculation of missing data in 3rd Quarter
Total Disbursement = Total Cash Available - Excess Cash
= $101 - $11
= $90
Purchase of inventory = Total disbursements - Selling and administrative expenses - Equipment Purchase - Dividends
= $90 - $30 - $10 - $2
= $48
Repayments = Excess Cash - Minimum Cash
= $11 - $5
= $6
Calculation of missing data in 4th Quarter
Collection from customer = Total Collection - Collection of 1st, 2nd and 3rd Quarter
= $323 - $65 - $70 - $96
= $92
Selling and administrative expense = Total Selling and admin. expense - Selling and admin. expense of 1st, 2nd and 3rd Quarter
= $113 - $28 - $30 - $30
= $25
Equipment Purchase = Total Equipment Purchase - Equipment Purchase of 1st, 2nd and 3rd quarter
= $36 - $8 - $8 - $10
= $10
This is how we can explain the cost balance for four quarters.
To know more about Cash Balance from the given link
https://brainly.com/question/24940564
#SPJ4
