Weisbro and Sons Purchases Its Inventory One Quarter Prior to the Quarter

question 54

Multiple Choice

Weisbro and Sons purchases its inventory one quarter prior to the quarter of sale.The purchase price is 57 percent of the sales price.The accounts payable period is 60 days.The accounts payable balance at the beginning of Quarter 1 is $27,500.Sales for Quarters 1 through 4 are expected to be $46,400,$51,900,$57,800,and $62,500,respectively.What is the amount of the expected disbursements for Quarter 3? Assume a 360-day year.

• A)$29,202
• B)$30,451
• C)$33,839
• D)$28,800
• E)$31,407

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Sigmund Freud, an Austrian neurologist and the founder of psychoanalysis, known for his theories of the unconscious mind and the mechanism of repression.

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