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130. Bean Manufacturing reported the following information for 2013: . Budgeted purchases October $240,000 November $256,000 December $288,000 Operating expenses are: Salaries, $100,000; Depreciation, $40,000;
130. Bean Manufacturing reported the following information for 2013: . Budgeted purchases October $240,000 November $256,000 December $288,000 Operating expenses are: Salaries, $100,000; Depreciation, $40,000; Rent, $20,000; Utilities, $28,000 . Operating expenses are paid during the month incurred. . Accounts payable is used only for inventory acquisitions. How much is the budgeted amount of cash to be paid for operating expenses in November? a. $404,000 b. $148,000 c. $188,000 d. $444,000
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