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Jorgensen Company has the following data: Budgeted Sales April- $154,000 May- 160,000 June- 142,000 July- 136,000 Budgeted Operating Expenses Per Month Wages 12,600 Advertising 27,200
Jorgensen Company has the following data: Budgeted Sales
April- $154,000
May- 160,000
June- 142,000
July- 136,000
Budgeted Operating Expenses Per Month
Wages 12,600
Advertising 27,200
Depreciation 19,000
Rent 20,400
Freight-out- 20% of Sales
Sales commission- 5% of Sales Required: Prepare a schedule of cash disbursements for operating expenses for April, May and June. All cash expenses are paid when incurred.
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