The controller is waiting on Marigold's budgeted cash disbursements so the cash budget can be wrapped up for next month, but Marigold has just received the DM purchases budget from production. That budget shows DM purchases of $69,300 in March and $71,100 in April. Marigold generally pays 30% of these purchases in the month of purchase, with the remainder paid the next month. How much should Marigold budget for cash disbursements for the month of April? What is the budgeted balance of A/P going into May? Total cash disbursements A/P balance at end of April $ $

The controller is waiting on Marigold's budgeted cash disbursements so the cash budget can be wrapped up for next month, but Marigold has just received the DM purchases budget from production. That budget shows DM purchases of $69,300 in March and \$71,100 in April. Marigold generally pays 30% of these purchases in the month of purchase, with the remainder paid the next month. How much should Marigold budget for cash disbursements for the month of April? What is the budgeted balance of A/P going into May? Total cash disbursements A/P balance at end of April