Question: I need answers and solutions Question 9 (2 points) A company has budgeted direct materials purchases of $300,000 in September and $480,000 in October. Past

I need answers and solutions

I need answers and solutions Question 9 (2 points) A company has

Question 9 (2 points) A company has budgeted direct materials purchases of $300,000 in September and $480,000 in October. 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 October, the following items were budgeted: Wages Expense $150,000 Purchase of office equipment 72.000 Selling and Administrative Expenses 48.000 Depreciation Expense 36,000 What are the budgeted cash disbursements for October? a) $648.000 ( b) $426,000 O c) $696.000 O d) $732,000

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