Cash budget Quetzaltenango Candle Inc. pays 30% of its purchases on account in the month of the purchase and 70% in the month following the purchase. If purchases are budgeted to be $50,000 for August and $60,000 for September, what are the budgeted cash payments for purchases on account for September? Quetzaltenango Candle Inc. Schedule of Cash Payments for Purchases For the Month Ending September Feodback Theck My Work Estimated cash payments must be budgeted for operating costs and expenses. To estimate cash payments for purchases, a schedule of payments for manufacturing costs in prepared