Choose one most appropriate answer

Beecher Inc. is planning to purchase inventory for resale costing $$90,000$ in October, $$70,000$ in November, and $$40,000$ in December. The company pays for $40\%$ of its purchases in the month of purchase and $60\%$ in the month following purchase. What would be the budgeted cash disbursements for purchases of inventory in December:

a$.$ $$40,000$

b$.$ $$58,000$

c$.$ $$70,000$

d$.$ $$200,000$

Eddy Corporation has provided the following production and total cost data for two levels of monthly production volume. The company produces a single product.

$\backslash$table$[[$Production volume,$6,000$ units,$7,000$ units$],[$Direct materials,$$582,600,$$$679,700$