KAB Inc., a small retail store, had the following results for May. The budgets for June and July are also given. Sales are collected 80% in the month of the sale and the balance in the month following the sale. (There are no bad debts.) The goods that are sold are purchased in the month prior to sale. Suppliers of the goods are paid in the month following the sale. The "selling and administrative expenses" are paid in the month of the sale. The cash disbursements during the month of June for goods purchased for resale and for selling and administrative expenses should be: Select one: a. $40,000 b. $41,000 c. $42,500 d. $43,500

Hi, your question is incomplete as regarding amounts on Sales and Desired Cash Balances.

However important information to tackle this question is given as below :

To determine the Cash disbursements during the month for goods purchased for resale and for selling and administrative expenses, prepare the cash budget.

1. Calculate the Total Cash Receipts

2. Note the Opening Cash Balance brought forward from May

3. Note the Desired Cash Balance at End of the Month

Cash disbursements

Cash disbursements = Cash Receipts - Opening Cash Balance -  Desired Cash Balance at End of the Month

Explanation:

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.

the first successful, urban blues recording, selling more than 75,000 copies, was made in year 1920.

mamie smith recorded the first commercially successful example of the urban blues,   with the recording of “crazy blues”."crazy blues" was recorded on august 10, 1920, in new york city. within a month of the release of “crazy blues” it had sold 75,000 copies.