Reference no: EM133055104

Question - Sheridan, Inc. has budgeted direct materials purchases of $150600 in March and $240600 in April. Past experience company pays for 60% of its purchases in the month of purchase and the remaining 40% in the next month. Other costs are all paid during the month incurred. During April, the following items were budgeted: $74400 Wages expense Purchase of office equipment 36900 Selling and administrative expenses 24000 Depreciation expense 18600 Accounts Receivable write-offs 9100 How much is budgeted cash disbursements for April?