Multiple Choice Question 110 A company has budgeted direct materials purchases of $380000 in July and $540000 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 terres were budgeted: Wages Expense $170000 Purchase of office equipment 74000 Selling and Administrative Expenses 56000 Depreciation Expense 38000 The budgeted cash disbursements for August are O $492000. O $792000. O $830000 O $736000 Click if you would like to show Work for this questions Open Show Work SAHIT ANUWER Question Attempts of used 8 6