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Coronado Industries's direct materials budget shows total cost of direct materials purchases for April $415000, May $486000 and June $600000. Cash payments are 60% in

Coronado Industries's direct materials budget shows total cost of direct materials purchases for April $415000, May $486000 and June $600000. Cash payments are 60% in the month of purchase and 40% in the following month. Budgeted cash disbursement for materials purchases for June are

$421200.

$551400.

$486000.

$554400.

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