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69. A company budgeted for the following purchases for raw materials Jan $10,000 Feb $20,000 Mar $25,000 Apr $22,000 May $27,000 June $30,000 Jul $24,000
69. A company budgeted for the following purchases for raw materials
Jan $10,000 Feb $20,000 Mar $25,000 Apr $22,000 May $27,000 June $30,000 Jul $24,000
The company has a policy of paying 30% of the purchases in the month of purchase 50% in the month following the purchase and 20% in the second month following the purchase. Based on this information, what are the budgeted cash disbursements for April?
A $19,000
B $26,100
C $23,100
D $21,600
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