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calculate total budgeted cash payments made Fedor, Inc. has prepared the following direct materials purchases budget: 567.000 Month June July August September October Budgeted DM
calculate total budgeted cash payments made
Fedor, Inc. has prepared the following direct materials purchases budget: 567.000 Month June July August September October Budgeted DM Purchases S67.000 77,000 76,300 78,000 70,200 All purchases are paid for as follows: 40% in the month of purchase, 50% in the following month, and 10% two months after purchase. Calculate total budgeted cash payments made in October for purchases. ( A) $67,080 B) S46,630 C) $35,710 D) $74,710 Dace 95 of 36 Step by Step Solution
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