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Fortune Company's direct materials budget shows the following cost of materials to be purchased for the coming three months: January $ 12,220 February March $
Fortune Company's direct materials budget shows the following cost of materials to be purchased for the coming three months: January $ 12,220 February March $ 14,330 $ 11,150 Material purchases Payments for purchases are expected to be made 50% In the month of purchase and 50% In the month following purchase. The December Accounts Payable balance is $6,300. The budgeted cash payments for materials in January are: Multiple Choice $18.520. $9,260. $13,275. $12.410. Payments for purchases are expected to be made 50% in the month of purchase and 50% in the month following purchase. The December Accounss Payable boiance is 56,300 . The budgeted cash paymens for moterials in January are. Mutiple Choice $11520 $9.260. 50,275 512410
Fortune Company's direct materials budget shows the following cost of materials to be purchased for the coming three months: January $ 12,220 February March $ 14,330 $ 11,150 Material purchases Payments for purchases are expected to be made 50% In the month of purchase and 50% In the month following purchase. The December Accounts Payable balance is $6,300. The budgeted cash payments for materials in January are: Multiple Choice $18.520. $9,260. $13,275. $12.410.
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