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 Forecast
Pamela, Dharma, and Constance, upon completing their undergraduate degrees, decided to start their own venture. They
rights for a new type of interior wall paint product, New-Age Paint, which emits a light fragrance when interior temperatur
lighting changes from primarily solar to primarily incandescent (as a day matures).
One of several different fragrances can be embedded in the paint; each fragrance has an expected useful life of five years
Pamela, Dharma, and Constance have formed the PDC Company to own the distribution rights. The founders believe they
revenue business model where none has previously existed.
It is currently March 31, 2022, and the sales force has provided the following projected sales: April $115,000. May $184,00
April 1 PDC is buying a used delivery truck on for $6,900 cash.
PDC expects to pay miscellaneous cash expenses equal to 5 percent of the current sales and
PDC pays rent of $4,600 per month,
PDC records insurance expense at $460 per month, although it writes a check to the insurance company for a year at a tim
down to zero before cutting the next check to the insurance company.
Depreciation expense is $1,150 per month, including the truck
PDC anticipates a zero tax rate.

Wages are paid twice a month with $5,750 per month fixed and 15 percent of sales (assumed to be uniform throughout a
month after they are earned. As an example, the expected and realized sales of $92,000 for March are responsible for the
the accrued wages account.
KEBIJAKAN PERSEDIAAN HARUS DI SESUAIKAN DENGAN KEBIJAKAN SALES & COGS

The venture takes all deliveries on account and pays half in the current month and half in the following month.
PDC’s sales are 60 percent cash and 40 percent on accounts receivable collected in the following month. It has no currentl
For example, 40 percent of the $92,000 sales made in March were credit sales and show up as $36,800 in accounts receiva
PDC’s only available credit line is from a founder who agreed (in return for a piece of the equity) to lend the company mon
The agreement with this founder stipulates a $23,000 minimum cash balance in the venture’s checking account. PDC borro
month. Interest is therefore the previous month’s ending balance multiplied by 0.015.
 X COMPANY SALES & COGS
A. Sales Schedules
Rules March April May June
Schedule 1: Sales Forecast
Units 307 383 613 460
Prices ($) 300 300 300 300
Total sales ($) 92,000 115,000 184,000 138,000

B. Purchase Schedule
Rules March April May June
Schedule 3: Purchase
Ending inventory

% of next month sales (Unit) 10% 38 61 46 38

Per Unit

Bahan baku ($) 100 3,833

Upah ($) 30 1,150

Overhead 10 383

Ending inventory ($) 5,367

COGS ($) 140.00 42,933

Total needed ($) 48,300 - - -
Beginning inventory $ - $ 5,366.67 $ - $ -
Purchases $48,300 ($5,367) $0 $0

ASUMSI
Semua penjualan dan pembelian persediaan dilakukan secara tunai
Beginning inventory bulan Maret $0
 July

383
300
115,000

July

-
$ -
$0
 X COMPANY OPERATING SCHEDULES AND CASH BUDGET
A. Sales Schedules
Rules March April
Schedule 1: Sales Forecast (AMBIL DARI SALES & COGS)
Forecast 92,000 115,000
Credit sales 0% - -
Cash sales 100% 92,000 115,000

Schedule 2: Cash collection

Cash sales this month 115,000
Collection of last moth sales 0% -
115,000
B. Purchase Schedule
Rules March April
Schedule 3: Purchase (AMBIL DARI SALES & COGS)
Ending inventory $5,367 $0
COGS $42,933 $0
Total needed $48,300 $0
Beginning inventory $0 $5,367
Purchases $48,300 ($5,367)

Schedule 4: Purchase Disbursement

% of last month’s purchase 0% $0 $0
% of this month’s purchase 100% $48,300 ($5,367)
Disbursements for purchase $48,300 ($5,367)

C. WAGES AND COMMISSIONS SCHEDULE

Rules March April
Schedule 5: Wages and Commissions
Wages, all fixed 5750 5750 5750
Commissions (15% of current sales) 15% 13,800 17,250
19,550 23,000
Schedule 6: Disbursement -Wages and Commissions
50% of last month’s expenses 50% 9,775
50% of this month’s expenses 50% 11,500
21,275

D. CASH BUDGET
Rules March April
Beginning cash balance $ 23,000.00
Cash receipts:
Collections from customers 115,000
Total cash available for needs before
financing $ 138,000.00
Cash disbursements:
Merchandise ($5,367)
Wages and commissions 21,275
Miscellaneous expenses 5% 5750
Rent 4600 4600
 Truck purchase 6900
Total disbursements $33,158
Minimum cash balance desired 23000 23,000
Total cash needed $56,158
Excess of total cash $ 81,841.67
Financing
New borrowing $ (81,841.67)
Repayments
Loan balance $ (81,841.67)
Interest 0.015 $ -
Total effects of financing $ (81,842)
Cash balance $ 23,000
ULES AND CASH BUDGET

May June July August

184,000 138,000 115,000 92,000

- - -
184,000 138,000 115,000

184,000 138,000 115,000

- - -
184,000 138,000 115,000

May June July August

$0 $0 $0
$0 $0 $0
$0 $0 $0
$0 $0 $0
$0 $0 $0

$0 $0 $0
$0 $0 $0
$0 $0 $0

May June July August

5750 5750 5750

27,600 20,700 17,250
33,350 26,450 23,000

11,500 16,675 13,225

16,675 13,225 11,500
28,175 29,900 24,725

May June July August

$ 23,000.00 $ 23,000.00 $ 23,000.00

184,000 138,000 115,000

$ 207,000.00 $ 161,000.00 $ 138,000.00

$0 $0 $0
28,175 29,900 24,725
9200 6900 5750
4600 4600 4600
 $41,975 $41,400 $35,075
23,000 23,000 23,000
$64,975 $64,400 $58,075
$ 142,025.00 $ 96,600.00 $ 79,925.00

0 0 0
$ 143,253 $ 99,976 $ (325,071)
$ (225,094) $ (325,071) $ -
$ (1,228) $ (3,376) $ (4,876)
$ (142,025) $ (96,600) $ 329,947
$ 23,000 $ 23,000 $ 432,872
 Kas Harta bukan kas Hutang
Date Transaksi =
Rp Item Rp Item
1 Sales
On Account
Cash
COGS
2 Cash collection
3 Purchases
On Account
Cash
AP Payment
4 Wages & Commission
On Account
Cash
WP payment
5 Miscellaneous expenses
6 Rent
7 Insurance expense
8 Truck purchase
9 Depreciation
10 New borrowing

-
Hutang Modal Saham Retained Earning Revenues Expenses
Rp Penempatan Rp Deviden Rp Rp Rp Rp
 PDC Company
Balance Sheet
31-Mar-22
Assets Liabilities and Owner's Equity
Current assets Current Liabilities
Cash $ 23,000.00 Accounts payable
Investments Accrued wages
Inventories $ 5,366.67 Accrued compensation
Prepaid insurance $ 4,140.00 Income taxes payable
Accounts receivable $ 36,800.00 Unearned revenue
Total Current Assets $ 69,306.67 Other
Fixed Assets Total Current Liabilities
Property and Machineries $ 85,100.00
Leasehold improvements Long-Term Liabilities
Equity investments Hutang bank
Less accumulated depreciation $ (29,440.00) Total Long-Term Liabilities
Total Fixed Assets $ 55,660.00
Other Assets
Goodwill
Total Other Assets $ -
Total Assets $ 124,966.67
Company
nce Sheet
Mar-22
and Owner's Equity Owner's Equity
ent Liabilities Investment capital $ 181,585.00
$ 38,640.00 Accumulated retained earnings
$ 9,775.00 Total Owner's Equity $ 181,585.00

Total Liabilities and Owner's Equity $ 230,000.00

$ 48,415.00 Balance $ (105,033.33)

Term Liabilities
$ -
$ -
 PDC Company
Balance Sheet
30-Apr-22
Assets Liabilities and Owner's Equity
Current assets Current Liabilities
Cash Accounts payable
Investments Accrued wages
Inventories Accrued compensation
Prepaid insurance Income taxes payable
Accounts receivable Unearned revenue
Total Current Assets $ - Other
Fixed Assets Total Current Liabilities
Property and Machineries
Leasehold improvements Long-Term Liabilities
Equity investments Loan from owners
Less accumulated depreciation Total Long-Term Liabilities
Total Fixed Assets $ -
Other Assets
Goodwill
Total Other Assets $ -
Total Assets $ -
Company
nce Sheet
-Apr-22
and Owner's Equity Owner's Equity
ent Liabilities Investment capital
Accumulated retained earnings $ -
Total Owner's Equity $ -

Total Liabilities and Owner's Equity $ -

$ - Balance $ -

Term Liabilities
$ -
$ -
 PDC Company
Income Statement
30-Apr-22
Revenue Operating Expenses
Sales Salaries
Total Sales Rent
Less: Less Quality Products Miscelleneous
Net Sales $ - Insurance
Advertising
Cost of Goods Sold Marketing
Initial Inventory Depreciation
Purchased Goods $ - Total Expenses
Raw Materials
Labor
Total Goods Available $ -
Less: Ending Inventory
Total Cost of Goods Sold $ -

Gross Revenue $ - Operating Income

Company
Statement
Apr-22
ting Expenses Income From Continuing Operations
Other Gains $ -
Less: Other Expenses $ -
Interest Expenses
Total $ -
Less: Tax Expenses
Income after Tax $ -

$ - Non-Recurring Events
Discontinued Operations $ -
Extraordinary Items $ -
Accounting Changes
Total $ -

$ - Net Profit $ -
1
 PDC Company
Cash Flow Statement
30-Apr-22
Date 4/30/2023 Net Cash Flow
Opening Balance Closing Balance

Cash Flow Operations Cash Flow Investment Activity

Cash Received from Cash Received from
Clients Property or machineries sold
Others Principal of loans
Subtotal $ - Investment securities sold
Cash Paid for Subtotal
Purchase of inventory Cash Paid for
Rent Property or machineries bought
Administrative expense Loans given
Salary & Wages Investment securities purchased
Interest paid on loans Subtotal
Income tax paid Net Cash Flow
Subtotal $ -
Net Cash Flow $ -
 ompany
w Statement
Apr-22
$ -
$ -

vestment Activity Cash Flow Financial Activity

ceived from Cash Received from
Stock issuance
Borrowings
Subtotal $ -
$ - Cash Paid for
Paid for Repurchase of treasury stock
Loans repayments
Dividends from securities
$ - Subtotal $ -
$ - Net Cash Flow $ -
$ -