Whispering Winds, Inc. has budgeted direct materials purchases of $420,000 in March and $505,000 in April....

 

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Whispering Winds, Inc. has budgeted direct materials purchases of $420,000 in March and $505,000 in April. The company policy is to pay for 60% of purchases in the month of purchase and the remaining 40% 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 $132,000 225,000 128,000 19,000 Compute budgeted cash disbursements for April. Budgeted cash disbursements for April $ Whispering Winds, Inc. has budgeted direct materials purchases of $420,000 in March and $505,000 in April. The company policy is to pay for 60% of purchases in the month of purchase and the remaining 40% 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 $132,000 225,000 128,000 19,000 Compute budgeted cash disbursements for April. Budgeted cash disbursements for April $

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Answer 956000 Explanation The Cash disbursements for ... View the full answer