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The controlier is waiting on Wildhorse's budgeted cash disbursements so the cash budget can be wrapped up for next month, but Wildhorse has just received
The controlier is waiting on Wildhorse's budgeted cash disbursements so the cash budget can be wrapped up for next month, but Wildhorse has just received the DM purchases budget from production. That budget shows DM purchases of 577,600 in March and $80,500 in April. Wildhorse generally pays 30%6 of these purchases in the month of purchase, with the remainder paid the next month. How much should Wildhorse budget for cash disbursements for the mooth of April? What is the budgeted balance of AVP going into May? Total cash disbursements ArP balance at end of April
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