.). Golden Rams Company pays 10% of its purchases on account in the month of the purchase and 90% in the month following the purchase. Purchases are budgeted to be $11,900 for September, $12,700 for October and $13,000 for November. What are the budgeted cash payments for purchases on account for November? Situation C: Evaluating Variances The following data relate to the direct materials for the production of 15,000 units of product for the Golden Rams Production Company. Actual: Standard: 36,000 pounds at $4.00 37,500 pounds at $3.75