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whats the answer t includes the following dst The budget assumes that 60% of commission expenses are paid in the month they were incurred and

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t includes the following dst The budget assumes that 60% of commission expenses are paid in the month they were incurred and the remaining 40% are paid eew mord, later In add in, SO% of salaries expense-are paid in the month incured and the remaining 50% are paid one month later. Miscellaneous incurred. Insurance was prepaid for the year on January 1. How much is the total of the budgeted payments for selling and administrative expenses for the month of May? A) $56,800 B) $45,200 C) $50,900 D) 554,600 24) Clyde, Inc has a cash balance of $20,000 on April 1. The company is now preparing the caslh badget 24) for the second quarter. Budgeted cash collections and payments are as follows There are no budgeted capital expenditures or financing transactions during the quarter. Based on the above data, calculate the projected cash balance at the end of April. A) 544,000 B) $38,000 C) $34,500 D) $24,000 25) Calder Water Company has budgeted direct materials inventory purchases as follows s) Calder Water Company has budgeted direct materials inventory purchases as follows 25) October: $300,000 November: $360,000 December: $460,000 Calder pays for 20% of their purchases during the month of purchase, 70% during the month following the purchase, and the remaining 10% two months after the month of purchase. What is the budgeted accounts payable balance on December 31? A) $404,000 B) $440,000 C) $460,000 D) $368,000

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