Use the Information Below to Answer the Following Question(s)

question 103

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

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Definitions:

High-Pressure Environments

Conditions characterized by significantly greater atmospheric or fluid pressure than that found at the Earth's surface, often found in deep-sea or subterranean locations.

High-Temperature Environments

Conditions characterized by extremely hot temperatures, often found in areas such as geothermal sites and volcanic regions.

Surface

The outermost or uppermost layer of a physical object or area of land or water.

Clay Minerals

A group of hydrous aluminium phyllosilicates, often containing iron, magnesium, or potassium, critical for soil structure and fertility.