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A company budgets the following direct materials purchases: April: $ 7 0 , 0 0 0 ; May $ 9 0 , 0 0 0

A company budgets the following direct materials purchases: April: $70,000; May $90,000; June: $60,000. All purchases are on account and the company pays 25% of purchases in the month of the purchase and the remaining amount in the following month. Cash payments for June for direct materials is

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