29) Adi Manufacturing Corporation is estimating the following raw material purchases for 29) the final four months of the year: September $800,000 October $920,000 November $840,000 December $760,000 At Adi, 30% of raw materials purchases are normally paid for in the month of purchase. The remaining 70% is paid for in the month following the purchase. In Adi's budgeted balance sheet at December 31, at what amount will accounts payable for raw materials be shown? A) $588,000 B) $760,000 C) $228,000 D) $532,000 30) The Prattle Corporation makes and sells only one product called a Deb. The company is 30) in the process of preparing its Selling and Administrative Expense Budget for next year. The following budget data are available: Monthly Fixed Variable Cost Per Deb Sold S0.80 Sales commissions S1.20 Shipping Advertising Executive salaries $0.30 $40,000 $35,000 $10,000 $25,000 Depreciation on office equipment Other Il of these expenses (except depreciation) are paid in cash in the month they are incurred. Al variable selling and administrative expenses for January will be B) S18,700 If the company has budgeted to sell 17,000 Debs in January, then the total budgeted D) $34,000 C) $25,500 A) $39,100 A-14