ABC Company??s raw materials purchases for June, July, and Augustare budgeted at $40,000, $30,000, and $55,000, respectively. Basedon past experience, ABC expects that 30% of

ABC Companyâ??s raw materials purchases for June, July, and Augustare budgeted at $40,000, $30,000, and $55,000, respectively. Basedon past experience, ABC expects that 30% of a monthâ??s raw materi ABC Company's raw materials purchases for June, July, and August are budgeted at \\( \\$ 40,000, \\$ 30,000 \\), and \\( \\$ 55,000 \\), respectively. Based on past experience, \\( A B C \\) expects t 2 answers