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Business, 07.05.2021 21:10 kinqlouiee2253

A company has budgeted direct materials purchases of $230000 in July and $400000 in August. Past experience indicates that the company pays for 70% of its purchases in the month of purchase and the remaining 30% in the next month. During August, the following items were budgeted: Wages Expense $60000
Purchase of office equipment 63000
Selling and Administrative Expenses 39000
Depreciation Expense 27000
The budgeted cash disbursements for August are:

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A company has budgeted direct materials purchases of $230000 in July and $400000 in August. Past exp...
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