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Sable, Inc. has budgeted direct materials purchases of $400,000 in March and $500,000 in April. Experience indicates that the company pays for 35% of its

Sable, Inc. has budgeted direct materials purchases of $400,000 in March and $500,000 in April. Experience indicates that the company pays for 35% of its purchases in the month of purchase and the remaining 65% in the next month. Other costs are all paid during the month incurred. During April, the following items were budgeted:

Wages expense $170,000

Purchase of office equipment 100,000

Selling and administrative expenses 130,000

Depreciation expense 15,000

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Compute the amount of budgeted cash disbursements for April. Show your work.

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