Question
Month Budgeted Sales January $ 76,000 February 85,000 March 92,000 April 79,000 Budget Expenses per Month Wages $ 15,000 Advertising 12,000
Month Budgeted Sales January $ 76,000 February 85,000 March 92,000 April 79,000
Budget Expenses per Month
Wages $ 15,000
Advertising 12,000
Depreciation 3,000
Other 4 percent of sales
Notes: All cash expenses are paid as incurred. Collections from sales are 50% in the month of sale and 50% in the month following the sale. December 2021 sales were $ 100,000
What are the expected total cash disbursements for expenses in February?
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Advanced Accounting
Authors: Gail Fayerman
1st Canadian Edition
9781118774113, 1118774116, 111803791X, 978-1118037911
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