Question - Weaver, Inc. has budgeted direct materials purchases of $150,000 in March and $240,000 in April. 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. Other costs are all paid during the month incurred. During April, the following items were budgeted:
How much is budgeted cash disbursements for April?
A) $324,000
B) $213,000
C) $348,000
D) $366,000