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Current Attempt in Progress Marigold, Inc. has budgeted direct materials purchases of $415,000 in March and $530,000 in April. The company policy is to pay
Current Attempt in Progress Marigold, Inc. has budgeted direct materials purchases of $415,000 in March and $530,000 in April. The company policy is to pay for 70% of purchases in the month of purchase and the remaining 30% in the next month. Other expenses are paid during the month when incurred. During April, the following items were budgeted: Salaries and wages expense Purchase of office equipment Selling and administrative expenses Depreciation expense $140,000200,000131,00020,000 Compute budgeted cash disbursements for April. Budgeted cash disbursements for April $ Attempts: 0 of 1 used
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