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10) Coos Manufacturing Company has budgeted direct materials purchases of $400,000 in March and S600.000 in April. Past experience indicates that the company pays for
10) Coos Manufacturing Company has budgeted direct materials purchases of $400,000 in March and S600.000 in April. Past experience indicates that the company pays for 65% of its purchases in the month of purchase and the remaining 35% in the next month. Other costs are all paid during the month incurred. During April, the following items were budgeted: Wages expense Purchase of office equipment Selling and administrative expenses Depreciation expense $130,000 200,000 126,000 18,000 Instructions: Compute the amount of budgeted cash disbursements for April
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