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Ayayai, Inc. has budgeted direct materials purchases of $450,000 in March and $525,000 in April. The company policy is to pay for 60% of
Ayayai, Inc. has budgeted direct materials purchases of $450,000 in March and $525,000 in April. The company policy is to pay for 60% of purchases in the month of purchase and the remaining 40% in the next month. Other expenses are paid during the month when incurred. During April, the following items were budgeted: Salaries and wages expense $124,000 Purchase of office equipment 240,000 Selling and administrative expenses 131,000 Depreciation expense 20,000 Compute budgeted cash disbursements for April. Budgeted cash disbursements for April $ Attempts: 0 of 1 used Submit Answer
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