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Bramble, Inc. has budgeted direct materials purchases of $150400 in March and $240800 in April. Past experience indicates that the company pays for 65% of
Bramble, Inc. has budgeted direct materials purchases of $150400 in March and $240800 in April. Past experience indicates that the company pays for 65% of its purchases in the month of purchase and the remaining 35% in the next month. Other costs are all paid during the month incurred. During April, the following items were budgeted:
Bramble, Inc. has budgeted direct materials purchases of $150400 in March and $240800 in April. Past experience indicates that the company pays for 65% of its purchases in the month of purchase and the remaining 35% in the next month. Other costs are all paid during the month incurred. During April, the following items were budgeted: Wages expense Purchase of office equipment Selling and administrative expenses Depreciation expense Accounts Receivable write-offs $75800 36500 24600 18400 10200 How much is budgeted cash disbursements for April? O $321460 $209160 $346060 O $364460Step by Step Solution
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