Jorgensen Company has the following data:
Month Budgeted Sales
April $154,000
May 160,000
June 142,000
July 136,000
Budgeted Operating Expenses Per Month
Wages $12,600
Advertising 27,200
Depreciation 19,000
Rent 20,400
Freight-out 20% of sales
Sales commission 5% of sales
Required:
Prepare a schedule of cash disbursements for operating expenses for April, May and June. All cash expenses are paid when incurred.