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1. 2. Isle Industries' budget for the upcoming quarter is as follows: Half of Isle's sales are cash and half are credit. Credit sales are
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Isle Industries' budget for the upcoming quarter is as follows: Half of Isle's sales are cash and half are credit. Credit sales are collected \60 in the month of sale and \35 in the following month; \5 are uncollectible. Isle buys \75 of its direct materials on credit and the rest with cash. Credit purchases are paid \60 in the month of purchase and \40 in the following month. Direct labor costs are paid \85 in the month incurred and \15 in the following month. Variable overhead costs are paid in the month following incurrence. What will Isle report as its total budgeted cash disbursements for May? \\( \\$ 43,300 \\) \\( \\$ 47,800 \\) \\( \\$ 62,050 \\) \\( \\$ 59,050 \\) 2.
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