News ... GEMSnet Hom JS SchoolsBuddy PowerSchool Return to Blackboard Weygandt, Managerial Accounting, 8e Her 1 System Announcements CALCULATOR PRINTER VERSION 4 BACK Multiple Choice Question 110 A company has budgeted direct materials purchases of $350000 in July and $510000 in Past experience indicates that the company pays for 70% of its purchases in the month on purchase and the remaining 30% in the next month. During August, the following items w budgeted: Wages Expense $140000 Purchase of office equipment 71000 Selling and Administrative Expenses 48000 Depreciation Expense 35000 The budgeted cash disbursements for August are O $462000 O $721000 $756000 $673000. Click if you would like to Show Work for this question: Open Show Work Question Attempts: 0 of 3 used