Question
Bean Manufacturing reported the following information for 2013: Budgeted Purchases October $240,690 November $253,780 December $282,344 Operating expenses are: Salaries $107,564, Depreciation $42,310, Rent $24,303,
Bean Manufacturing reported the following information for 2013: Budgeted Purchases October $240,690 November $253,780 December $282,344 Operating expenses are: Salaries $107,564, Depreciation $42,310, Rent $24,303, and Utilities $36,377. Operating expenses are paid during the month incurred. Accounts payable is used only for inventory acquisitions. The budgeted amount of cash to be paid for operating expenses in November is $_______________. FORMAT: Round all calculations to two decimal places. Your answer should be a positive number rounded to two decimal places. Do not use a $ sign.
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