Business, 23.05.2020 01:59 aangellexith4237

A company has budgeted direct materials purchases of $210000 in July and $390000 in August. Past experience indicates that the company pays for 70% of its purchases in the month of purchase and the remaining 30% in the next month. During August, the following items were budgeted:

Wages Expense $50000
Purchase of office equipment 62000
Selling and Administrative Expenses 38000
Depreciation Expense 26000

The budgeted cash disbursements for August are:

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A company has budgeted direct materials purchases of $210000 in July and $390000 in August. Past exp...

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