Weaver, Inc

Multiple Choice

Weaver, Inc.has budgeted direct materials purchases of $150,000 in March and $240,000 in April.Past experience indicates that the company pays for 70% of its purchases in the month of purchase and the remaining 30% in the next month.Other costs are all paid during the month incurred.During April, the following items were budgeted: How much is budgeted cash disbursements for April?

A) $324,000
B) $213,000
C) $348,000
D) $366,000