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Swifty, Inc. has budgeted direct materials purchases of $150900 in March and $240500 in April. Past experience indicates that the company pays for 60% of
Swifty, Inc. has budgeted direct materials purchases of $150900 in March and $240500 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: Wages expense Purchase of office equipment Selling and administrative expenses Depreciation expense Accounts Receivable write-offs $74900 35700 23900 18200 9400 How much is budgeted cash disbursements for April? O $315260 O $204660 $339160 $357360 O
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