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Purchases are paid for in the following manner: 10 percent in the month of purchase 50 percent in the month after purchase 40 percent two months after purchase What are the estimated cash disbursements in May from April purchases? a. $11,072 b. $14,740 c. $13,840 d. $11,792 Which of the following assertion(s) is/are true regarding the administration of the budget: (i) The budget manual is a collection of instructions governing the responsibilities of persons and the procedures, forms, and records relating to the preparation and use of budgetary data. (ii) The nominating committee is the coordinating body used in the preparation and administration of budgets. a. Assertions (i) and (ii) are both correct b. Only assertion (i) is correct c. Only assertion (ii) is correct d. Neither assertions (i) nor (ii) are correct WorldCup 2022 offers two seat options for patrons at the Qatar stadiums and the following per unit information is obtained for each of these seat options: If the total fixed cost is $81,000, what is the breakeven in units? a. 600 units Seat A; 400 units Seat B b. 3,000 units Seat A; 2,000 units Seat B c. 1,000 units Seat A; 1,000 units Seat B d. 772 units Seat A: 1,800 units Seat B