Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following data for (X) Company as in31/12/2021: Cost material budget 31/12/2021 First second third quarter quarter quarter $4000 5000 10000 Fourth qua. 6000 Cost

image text in transcribed
The following data for (X) Company as in31/12/2021: Cost material budget 31/12/2021 First second third quarter quarter quarter $4000 5000 10000 Fourth qua. 6000 Cost of material 2022 7000 9000 -%50 of quarter's purchases is paid for in the quarter of purchases %30 are paid for in the following quarter and 20% paid in the second quarter following And the cost of material for the End quarter 2020 $2000, Third quarter $3000 The Expected Cash Disbursement for the third Quarter 2021 would be: A: 3200 B: 4600 C: 7300 D:NO Answer- ac

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting For Non Specialists

Authors: Catherine Gowthorpe

2nd Edition

1844802051, 978-1844802050

More Books

Students also viewed these Accounting questions