Kraust Inc.'s direct materials budget shows total cost of direct materials purchases for April $480,000, May $400,000 and June $560,000. Cash payments are 60% in the month of purchase and 40% in the following month. The budgeted cash payments for June are Question 23 options: $480,000. $496,000. $336,000. $464,000. A major element in budgetary control is Question 24 options: the comparison of actual results with planned objectives. the preparation of long-term plans. the valuation of inventories. approval of the budget by the stockholders. Top management's reaction to a difference between budgeted and actual sales often depends on Question 25 options: the materiality of the difference. whether management anticipated the difference. whether the difference is favorable or unfavorable. the personality of the top managers.