Q22

Sheridan, Inc. has budgeted direct materials purchases of $150600 in March and $240600 in April. Past experience indicates that the company pays for 60% of its purchases in the month of purchase and the remaining 40% in the next month. Other costs are all paid during the month incurred. During April, the following items were budgeted: $74400 36900 Wages expense Purchase of office equipment Selling and administrative expenses Depreciation expense Accounts Receivable write-offs 24000 18600 9100 How much is budgeted cash disbursements for April? $204600 O $358500 O $315900 $339900