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All of Dell Corporation's purchases of raw materials are on account. 20% are paid in the month of purchase and 80% in the following month.
All of Dell Corporation's purchases of raw materials are on account. 20% are paid in the month of purchase and 80% in the following month. Below are budgeted purchases of raw materials for the first four months of Dell's fiscal year. January $200,000 February $150,000 March $180,000 April $250,000 Total sales The expected cash payments for raw materials in March are: Multiple Choice o $180,000 $36,000 $156.000 $310,000
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