--%>

Budgeted cash disbursements

The ABC Company, a merchandising firm, has budgeted its action for December according to the following information:

• Sales at $560,000, all for cash.

• The invoice cost for goods purchased represents 73% of the sales price. All purchases are paid in cash.

• Merchandise inventory on November 30 was $160,000.

• Budgeted depreciation for December is $45,000.

• The cash balance at December 1 was $40,000.

• Selling and administrative expenditures are budgeted at $79,000 for December and are paid in cash.

• The planned merchandise inventory on 31 December is $270,000.

The total budgeted cash disbursements for December are:

A) $597,800
B) $524,600
C) $473,800
D) $518,800

   Related Questions in Mathematics

  • Q : Bolzano-Weierstrass property The

    The Bolzano-Weierstrass property does not hold in C[0, ¶] for the infinite set A ={sinnx:n<N} : A is infinite; Show that has no “ limit points”.

  • Q : Explain Factorisation by trial division

    Factorisation by trial division: The essential idea of factorisation by trial division is straightforward. Let n be a positive integer. We know that n is either prime or has a prime divisor less than or equal to √n. Therefore, if we divide n in

  • Q : Profit-loss based problems A leather

    A leather wholesaler supplies leather to shoe companies. The manufacturing quantity requirements of leather differ depending upon the amount of leather ordered by the shoe companies to him. Due to the volatility in orders, he is unable to precisely predict what will b

  • Q : Research Areas in Medical Mathematical

    Some Research Areas in Medical Mathematical Modelling:1. Modeling and numerical simulations of the nanometric aerosols in the lower portion of the bronchial tree. 2. Multiscale mathematical modeling of

  • Q : Ordinary Differential Equation or ODE

    What is an Ordinary Differential Equation (ODE)?

  • Q : Relationships Between Data Introduction

    Relationships Between Data - Introduction to Linear Regression Simple Regression Notes If you need guidance in terms of using Excel to run regressions, check pages 1 - 10 of the Excel - Linear Regression Tutorial posted to th

  • Q : Row-echelon matrix Determine into which

    Determine into which of the following 3 kinds (A), (B) and (C) the matrices (a) to (e) beneath can be categorized:       Type (A): The matrix is in both reduced row-echelon form and row-echelon form. Type (B): The matrix

  • Q : Problem on Fermats method A public key

    A public key for RSA is published as n = 17947 and a = 3. (i) Use Fermat’s method to factor n. (ii) Check that this defines a valid system and find the private key X.

    Q : Explain the work and model proposed by

    Explain the work and model proposed by Richardson.

  • Q : Test Please read the assignment

    Please read the assignment carefully and confirm only if you are 100% sure. Please go through below mentioned guidelines and penalties: • Your solution must be accurate and complete. • Please do not change Subject Title of the Email. • Penalty clause will be applied in case of delayed or plag