Answer:
The budgeted cash disbursement for August is $696,000
Step-by-step explanation:
July direct material purchase is
30% of 300000 =$90000
August direct material purchase
70% of 480000 = $336000
Wage expense =$ 150000
Purchase of office equipment= $72000
Selling and administrative expense= $ 48000
Depreciation=0
Adding everything gives $696000, which is the budgeted cash disbursement for August.
Assuming John does not get premium pay for hours over 40, his pay will be ...
... 43 hours × $9.00 = $387
... - 6.2% × $387 = $23.99
... - 1.45% × $387 = $5.61
... - $15.00
... - 5% × $387 = $19.35
... - 10% × ($387 -19.35) = $36.77
... = $286.28 . . . . net pay after all the deductions
Answer:
a and e are correct answers