Question
I have a question for chapter 4 and question 5. Can someone walk me through on how to solve this problem: The local water utility
I have a question for chapter 4 and question 5. Can someone walk me through on how to solve this problem: The local water utility has maintained records over several years of its monthly purchases of raw water from the state water authority. The monthly averages are shown in the following table. Assume that the city pays a flat rate per thousand gallons of water purchased and that the fiscal year begins on July 1. Payment is made in the month after use. Prepare quarterly allotments for $8 million appropriated for water purchase. Gallons (000s) January 35,000 February 35,000 March 50,000 April 65,000 May 68,000 June 100,000 July 125,000 August 125,000 September 90,000 October 60,000 November 50,000 December 40,000
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