Galina, Inc has prepared the following direct materials purchases budget Budgeted DM Month Purchases June 568 000 July 79.500 August 78 400 September 76,300 October 72.400 All purchases are paid for as follows: 40% in the month of purchase 50% in the following month and 10% two months after purchase. Calculate the budgeted balance of accounts payable at the end of October O A. $43 440 OB. 514.870 OC. $51.070 OD. 57.630 Galina, Inc. has prepared the following direct materials purchases budget Budgeted DM Month Purchases June $69.000 July 73,500 August 77,800 September 78.100 October 74.200 All purchases are paid for as follows: 40% in the month of purchase, 50% in the following month, and 10% two months after purchase. Calculate the budgeted balance of accounts payable at the end of October O A. $44,520 OB. 515230 C. 57.810 OD. $52.330 Pearl, Inc. has prepared the operating budget for the first quarter of the year. The company forecast sales of $45,000 in January, $55,000 in February, and $65,000 in March Variable and fixed selling and administrative expenses are as follows. Variable Expenses Power cost (40% of sales) Miscellaneous expenses (5% of sales) Fixed Expenses Salaries expense: $10,000 per month Rent expense: $5,000 per month Depreciation expense: 51.400 per month Power cost foxed portion $800 per month Miscellaneous expenses fixed portion $1,200 per month Calculate total budgeted selling and administrative expenses for the month of January O A. $43.150 OB. 538,650 C. $47.650 OD. $20 250 Calder Water Company has budgeted direct materials inventory purchases as follows: October $345 000 November $350,000 December $460,000 Calder pays for 10% of their purchases during the month of purchase, 70% during the month following the purchase, and the remaining 20% two months after the month of purchase. What is the budgeted accounts payable balance on December 317 O A $484.000 OB. $114.000 OC. $450,000 OD. $449,000