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yet ried out of Flag question Pants Company is in the process of preparing its budget for next year. Cost of goods sold has been

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yet ried out of Flag question Pants Company is in the process of preparing its budget for next year. Cost of goods sold has been estimated at 65 percent of sales. Fabric purchases and payments are to be made during the month preceding the month of sale. Wages (production-related) are estimated at 20 percent of sales and are paid during the month of sale. Other operating costs amounting to 25 percent of sales are to be paid in the month following the month of sales. Additionally, a monthly lease payment of $5,000 is paid to Net World for computer services. Sales revenue is forecasted as follows: Month Sales March $150,000 $180,000 April May $235,000 June $240,000 July $250,000 Calculate the amount of budgeted cash disbursements for the month of May? Select one: O a $253.000 O b. 5214,000 C. $197.000 d. $177000

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