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1 Data table a. Surity Corporation pays for 55% of its direct materials purchases in the month of purchase and the remainder the following month.

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1 Data table a. Surity Corporation pays for 55% of its direct materials purchases in the month of purchase and the remainder the following month. The current month's direct material purchases were $72,000, while Surity Corporation anticipates $87,000 of direct material purchases next month. b. Direct labour for the upcoming month is budgeted to be $38,000 and will be paid at the end of the upcoming month c. Manufacturing overhead is estimated to be 150% of direct labour cost each month and is paid in the month in which it is incurred. This monthly estimate includes $10,000 of depreciation on the plant and equipment. d. Monthly operating expenses for next month are expected to be $44,000, which includes $2,200 of depreciation on office equipment and $1,500 of bad debt expense. These monthly operating expenses are paid during the month in which they are incurred. e. Surity Corporation will make an estimated tax payment of $7.400 next month. Surity Corporation is preparing its cash payments budget for next month. The following informations pertains to the cash payments: (Click the icon to view the data.) How much cash will be paid out next month? BE Surity Corporation Cash Payments Budget Cash payments for direct materials: Current month's purchases Next month's purchases Cash payments for direct labour Cash payments for manufacturing overhead Cash payments for operating expenses Cash payment for taxes Total cash payments

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