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vas Question 10 100.000 200,000 The following data have been taken from the budget reports of Brandon company, a merchandising company. Purchases Sales 160,000 240,000
vas Question 10 100.000 200,000 The following data have been taken from the budget reports of Brandon company, a merchandising company. Purchases Sales 160,000 240,000 $ $ 300,000 160,000 260,000 $ 160,000 $ January 240,000 140,000 February $ 140,000 March 120,000 April $ May June MacBook Pro 40% of purchases are paid for in cash at the time of purchase, and 30% are paid for in each of the next two months. Purchases for the previous November and December were $150,000 per month. Employee wages are 10% of sales for the month in which the sales occur. Selling and Admin expenses are 20% of the following month's sales 200,000 was 240,000 160,000 300,000 X. A ebruary 160,000 $ 260,000 140,000 $ 240,000 March 140,000 $ April $ 120,000 May June 40% of purchases are paid for in cash at the time of purchase , and 30% are paid for in each of the next two months. Purchases for the previous November and December were $150,000 per month. Employee wages are 10% of sales for the month in which the sales occur. Selling and Admin expenses are 20% of the following month's sales. (July sales are budgeted to be $220,000.) Interest payments of $20,000 are paid quarterly in January and April. Brandon's cash disbursements for the month of April MacBook Pro would be le BI U Av av Tv/ gov v B sert Format Tools Table
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