Business
Business, 21.12.2019 05:31, reecedstceklein

Young co. has budgeted its activity for december according to the following information: 1. sales at $600,000, all for cash. 2. budgeted depreciation for december is $15,000. 4. the cash balance at december 1 was $15,000. 5. selling and administrative expenses are budgeted at $60,000 for december and are paid for in cash. 6. the planned merchandise inventory on december 31 and december 1 is $18,000. 7. the invoice cost for merchandise purchases represents 75% of the sales price. all purchases are paid in cash. how much are the budgeted cash disbursements for december?

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