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Cedor Company tins forecarit purchases to be $335000 in June, $383,000 in Juy, 5319.000 in August, and $276.000 in September. Purchases mverage 40% pald in

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Cedor Company tins forecarit purchases to be $335000 in June, $383,000 in Juy, 5319.000 in August, and $276.000 in September. Purchases mverage 40% pald in cast and 60% phild on credit. Creat purchisses are paid 705 in the month of purchase. 25% during the month following. and 5% the second manth following the purchese. Budgeted cash payments for September would be: Gunitele chicice 5298410 3785,060 Stels10 130,010 Cedar Company has forecast purchases to be $331,000 in June, $383,000 in July, $319,000 in August, and $276,000 in September. Purchases average 40% paid in cash and 60% paid on credit. Credit purchases are paid 70% in the month of purchase, 25% during the month following, and 5% the second month following the purchase. Budgeted cash payments for September would be: Mr.uple Chaice 5792.410 5785.860 5113,310 580,910

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