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How to prepare cash disbursement budget of following problem?
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The following information is available: Sales in the initial months are expected to be: April 72,500 May 66,000 June 60,000 July 50,000 1) Raw Materials constitute 60% of sales
Cash disbursement
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Dokken & Dietrich’s Donut Company pays for 25% of its inventory purchases in the Month of the purchase and the remainder in the following month. The company’s Inventory purchases totaled $840,000 in October, $920,000 in November, and $600,000 In December. The company also paid for new... View more questions Search
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