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Assume Costco is trying to budget how much cash it will pay in the month of March related to its materials purchased to make pizzas.

Assume Costco is trying to budget how much cash it will pay in the month of March related to its materials purchased to make pizzas. The below table lists the expected material costs for February - April. Month Cost of materials purchased February $10,100 March $8,800 April $9,000 Of the material costs, 40% are paid with cash. The remaining 60% of the materials are recorded as accounts payables. The company typically pays the cash related to the accounts payables in the month following the material purchase. 


What is the total cash outflow for Costco in March?

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