Based on the following information, cash disbursements for March equals $. (Enter your answer as a whole number.) January purchases = $200,000February purchases = $300,000March purchases = $350,000 Assumptions for the budget:• 55 percent is paid in the month of purchase• 43 percent is paid in the month following the purchase• 2 percent taken as a cash discount for early payment

Given the following information, calculate cash disbursements for February: January purchases = $200,000February purchases = $300,000March purchases = $350,000 Assumptions for the budget:• 55 percent is paid in the month of purchase• 43 percent is paid in the month following the purchase• 2 percent taken as a cash discount for early paymentMultiple choice question.$315,070$245,980$239,000$251,000

A company budgeted the following purchases for raw materials:Month January February March April May June JulyBudget $10,000 $20,000 $25,000 $22,000 $27,000 $30,000 $24,000The company has a policy of paying for 40% of the purchases in the month of purchase, 35% in the month following the purchase, and 25% in the second month following the purchase.Based on this information, what are the budgeted cash disbursements for May? $18,500 $27,300 $25,050 $24,750

Fill in the Blank QuestionFill in the blank question.A manufacturing company's sales budget indicates the following sales: January: $25,000; February: $30,000; March: $35,000. The company expects 70% of the sales to be on account and the remainder to be cash sales. Credit sales are collected in the month following the sale. The total cash collected during March will be $.

Multiple Choice QuestionGiven the following information, how much cash is collected in February?January Total Sales = $500,000February Total Sales = $400,000Assumptions for the budget:• 20 percent is collected in the month of sales• 75 percent is collected in the next month• 2 percent is taken as a cash discount• 3 percent will not be collected because accounts are written off as bad debtsMultiple choice question.$455,000$441,350$480,000$475,000

The budgeted sales of Berries Batteries for March and April are as follows: April $600 000 May $580 000 Cost of goods sold for the company is 40% of sales. Company policy states that ending inventory must be 150% of next month's cost of goods sold. 60% of purchases are paid in the month of purchase, with the rest paid in the following month. The budgeted cost of purchases in March is $250,000. Based on this information, what are the cash disbursements for purchases in April?