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Bean Manufacturing Reported the Following Information for 2016  October  November  December  \quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\text { October } \quad \text { November }\quad \text { December }

Question 138

Multiple Choice

Bean Manufacturing reported the following information for 2016:  October  November  December  \quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\text { October } \quad \text { November }\quad \text { December }
 Budgeted purchases $240,000$256,000$288,000\text { Budgeted purchases } \quad \$ 240,000 \quad \$ 256,000 \quad\quad \$ 288,000 Operating expenses are: Salaries $100000; Depreciation $40000; Rent $20000; Utilities $28000
\bullet Operating expenses are paid during the month incurred.
\bullet Accounts payable is used only for inventory acquisitions.
How much is the budgeted amount of cash to be paid for operating expenses in November?


A) $404000
B) $148000
C) $188000
D) $444000

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