15. The following data have been taken from the budget reports of Christopher Co

Question

15. The following data have been taken from the budget reports of Christopher Company, a merchandising company. Purchases Sales January.. February. March. $160,000 $100,000 ry.$160,000 S200,000 $160,000 $240,000 April!$140,000 S300,000 $140,000 S260,000 S120,000 $240,000 May. June. Forty percent of purchases are paid for in cash at the time of purchase, and 30% are paid for in each of the next two months. Purchases for the previous November and December were $150,000 per month. Employee wages are 10% of sales for the month in which the sales occur. Selling and administrative expenses are 20% of the following month's sales. (July sales are budgeted to be $220,000,) Interest payments of $20,000

Explanation / Answer

Answer :- B. $254,000

Brandsons cash disbursements for the month of April is $254,000

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