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Bean Manufacturing Reported the Following Information for 2016 \bullet Operating Expenses Are: Salaries, $100,000; Depreciation, $40,000; Rent, $20,000; Utilities

question 97

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Bean Manufacturing reported the following information for 2016:
\bullet  Bean Manufacturing reported the following information for 2016:  \bullet   Operating expenses are: Salaries, $100,000; Depreciation, $40,000; Rent, $20,000; Utilities, $28,000  \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)  $404,000 B)  $148,000 C)  $188,000 D)  $444,000
Operating expenses are: Salaries, $100,000; Depreciation, $40,000; Rent, $20,000; Utilities, $28,000
\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?

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