Question: Current Attempt in Progress Marigold, Inc. has budgeted direct materials purchases of $415,000 in March and $530,000 in April. The company policy is to pay

 Current Attempt in Progress Marigold, Inc. has budgeted direct materials purchases

Current Attempt in Progress Marigold, Inc. has budgeted direct materials purchases of $415,000 in March and $530,000 in April. The company policy is to pay for 70% of purchases in the month of purchase and the remaining 30% in the next month. Other expenses are paid during the month when incurred. During April, the following items were budgeted: Salaries and wages expense Purchase of office equipment Selling and administrative expenses Depreciation expense $140,000200,000131,00020,000 Compute budgeted cash disbursements for April. Budgeted cash disbursements for April $ Attempts: 0 of 1 used

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