Purchases for a company for January, February, and March are forecasted to be as follows:

January: $$250,000$

February: $$450,000$

March: $$550,000$

respectively.

Thirty percent of purchases are for cash. Of the credit purchases, $40\%$ are paid during the month of the purchase, $50\%$ in the month following the purchase, and $10\%$ in the second month following the purchase. Total purchases for November and December of Year $1$ were $$225,000$ and $$425,000$ respectively.

What is the forecasted amount of total cash disbursements for January?

$$ $$234,500$

$$ $$250,000$

$$ $$309,500$

$$ $$341,000$

A company is in the process of putting together its manufacturing overhead budget. The variable overhead rate is budgeted at $$2\mathrm{.}00$ per labor hour. Fixed overhead per month includes depreciation of $$10,000$; salaries of $$15,000$; and property taxes of $$5,000.$ The budgeted number of units to be produced is $10,000$ for January, $12,000$ for February; and $13,000$ for March. Each unit takes $2\mathrm{.}5$ hours of labor to make.

What is the budgeted overhead expense for the first quarter?

$$ $$160,000$

$$ $$177,500$

$$ $$235,000$

$$ $$265,000$