A sales forecast shows a forecast for the firm only. shows forecasts for the industry and for the firm. shows a forecast for the industry only. plays a minor role in the development of the master budget. 1 A Moving to the next question prevents changes to this answer. O me here to search LL Question 5 A company has budgeted direct materials purchases of $400,000 in March and 8640,000 in April. Experience indicates that the company pays for 70% of its purchases in the month of purchase and the remaining 30% in the next month. During April, the following items were budgeted Wages Expense $200,000 Purchase of office equipment 96,000 Selling and Administrative Expenses 64,000 Depreciation Expense 48,000 The budgeted cash disbursements for April are $976,000 $864,000 $568,000 $928,000 ENG INTL 0 1