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All purchases are paid for asfollows: 10% in the month ofpurchase, 50% in the followingmonth, and 40% two months after purchase. Calculate total budgeted cash

All purchases are paid for asfollows: 10% in the month ofpurchase, 50% in the followingmonth, and 40% two months after purchase. Calculate total budgeted cash payments made in October for purchases.

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Fedor, Inc. has prepared the following direct materials purchases budget: Budgeted DM Month Purchases June $68,000 July 77,000 August 76,300 September 73,900 October 79,200 All purchases are paid for as follows: 10% in the month of purchase, 50% in the following month, and 40% two months after purchase. Calculate total budgeted cash payments made in October for purchases

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