1. Joe Corporation pays for 40% of its raw materials purchases in the month of purchase and 60% in the following month. If the budgeted cost of raw materials purchases in June is $237,000, July is $250,000 and August is $275,000, then in August the total budgeted cash disbursements for raw materials purchases is closest to:

2. KingnCompany prepares a manufacturing overhead budget based on direct labor hours and the direct labor budget indicates that 10,000 direct labor hours will be used during June. The budgeted variable overhead rate is $3 per direct labor hour. The companys budgeted fixed manufacturing overhead is $50,000 a month, which includes depreciation expense of $20,000 each month. What is the amount of budgeted cash disbursements in June for manufacturing overhead if all overhead costs are paid in the month incurred?

3. The Master budget expects that Salaries and Wages expense will behave as a mixed cost, with an annual fixed cost budgeted to be $500,000 and a budgeted variable cost per unit sold of $20. If the companys sales budget forecasted unit sales of 300,000 units, the company actually sold 280,000 units, and the actual Salaries and Wages Expense amount was $7,050,000, then which amount should the flexible budget include for Salaries and Wages Expense?