Multiple Choice
Use the information below to answer the following question(s) .Grinnell Manufacturing Company has the following information for 2020:
Budget Expenses per Month
Note: All cash expenses are paid as incurred; Collections from sales are 50% in the month of sale and 50% in the month following the sale; December 2019 sales were $110,000.
-What is the expected total cash disbursements for expenses in February?
A) $33,400
B) $30,000
C) $30,200
D) $30,400
E) $27,000
Correct Answer:

Verified
Correct Answer:
Verified
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