Solved

Aluminum Company's Expected Sales for April Are $27,600 All Cash Expenses Are Paid as Incurred Is the Total

Question 59

Multiple Choice

Aluminum Company's expected sales for April are $27,600. Information about other budgeted expenses is presented below.  BudgetedExpensesper Month  Wages $2,000 Advertising1,680Depreciation 1,440Rent 2,560Other  5% of sales\begin{array} { l } \text { Budgeted}& \text {Expensesper Month } \\\ \text {Wages }&\$2,000\\ \text { Advertising}&1,680\\ \text {Depreciation }&1,440\\ \text {Rent }&2,560\\ \text {Other }& \text { 5\% of sales} \\\end{array}
All cash expenses are paid as incurred is the total expected cash disbursements for expenses in April.


A) $7,680
B) $7,620
C) $6,240
D) $9,060

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents