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Question 10 (2 points) Light Manufacturing Company has the following information for 2022: 3 3 2 Month Budgeted sales January $76,000 February $85,000 March $92,000
Question 10 (2 points) Light Manufacturing Company has the following information for 2022: 3 3 2 Month Budgeted sales January $76,000 February $85,000 March $92,000 April $79,000 Budgeted Monthly Expenses Wages $15,000 Advertising $12,000 Depreciation $3,000 Other expenses 4% of sales Note: All cash expenses are paid in the month incurred. Collection from sales are 50% in the month of sale and 50% in the month following sale. December 2021 sales were $110,000. 15 18 What is the expected total cash disbursements for expenses in February? $30,400 $27,000 $30,200 $33,400
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