Pharoah Company, a retailer of camping supplies has budgeted activity for January using the following data January cash sales $ 63,000 January credit sales 385,000 Collections from December credit sales 147,000 Selling and administrative costs (paid in month of purchase) 59,000 Depreciation expense 23,000 Merchandise Inventory, January 1 192,000 Merchandise Inventory, January 31 213,000 Cost of goods sold is 40 of Coopers selling price All purchases are paid in cash Credit sales are collected 60 in the month of sale, 35 in the following month, and 5 is deemed uncollectible What is Pharoah s budgeted cash disbursements for January Pharoah Company, a retailer of camping supplies has budgeted activity for January using the following data $63,000 385 000 147 000 59,000 23,000 January cash sales January credit sales Collections from December credit sales Selling and administrative costs (paid in month of purchase) Depreciation expense Merchandise Inventory, January 1 Merchandise Inventory, January 31 Cost of goods sold is 40 of Cooper's selling price All purchases are paid in cash Credit sales are collected 60 in the month of sale, 35 in the following month, and 5 is deemed uncollectible 192,000 213,000 What is Pharoah's budgeted cash disbursements for January Total January disbursements $

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Pharoah Company, a retailer of camping supplies has budgeted activity for January using the following data: January cash sales $ 63,000 January credit sales 385,000

Pharoah Company, a retailer of camping supplies has budgeted activity for January using the following data:

January cash sales		$63,000
January credit sales		385,000
Collections from December credit sales		147,000
Selling and administrative costs (paid in month of purchase)		59,000
Depreciation expense		23,000
Merchandise Inventory, January 1		192,000
Merchandise Inventory, January 31		213,000
Cost of goods sold is 40% of Coopers selling price
All purchases are paid in cash
Credit sales are collected 60% in the month of sale, 35% in
the following month, and 5% is deemed uncollectible

What is Pharoahs budgeted cash disbursements for January? image text in transcribed

Pharoah Company, a retailer of camping supplies has budgeted activity for January using the following data: $63,000 385.000 147.000 59,000 23,000 January cash sales January credit sales Collections from December credit sales Selling and administrative costs (paid in month of purchase) Depreciation expense Merchandise Inventory, January 1 Merchandise Inventory, January 31 Cost of goods sold is 40% of Cooper's selling price All purchases are paid in cash Credit sales are collected 60% in the month of sale, 35% in the following month, and 5% is deemed uncollectible 192,000 213,000 What is Pharoah's budgeted cash disbursements for January? Total January disbursements $