production budget O production budget, sales budget, direct labor budget QUESTION 9 Gilbert Company purchased $40,000 of goods in July and expects to purchase $60,000 of goods in August Gilbert typically pays for 25% of purchases in the month of purchase and 75% in the following month. What are Gilbert Company's total expected cash disbursements for purchases in the month of August? O $100,000 O $40,000 O $65,000 O $60,000 O $45,000 QUESTION 10 The planned ending cash balance for the year appears on which of the following statements? Production budget