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Troyer Company Reported the Following Information for 2010 ∙\bullet Operating Expenses Are: Salaries, $50,000; Depreciation, $20,000; Rent, $10,000; Utilities

Question 160

Multiple Choice

Troyer Company reported the following information for 2010:
∙\bullet
 Troyer Company reported the following information for 2010:  \bullet    Operating expenses are: Salaries, $50,000; Depreciation, $20,000; Rent, $10,000; Utilities, $14,000  \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)  $202,000 B)  $74,000 C)  $94,000 D)  $222,000
Operating expenses are: Salaries, $50,000; Depreciation, $20,000; Rent, $10,000; Utilities, $14,000
∙\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) $202,000
B) $74,000
C) $94,000
D) $222,000

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