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Just need some quick help on this I will rate kindly for the right answers! Many thanks and God bless!!! Galina, Inc. has prepared the

image text in transcribed

image text in transcribedJust need some quick help on this

I will rate kindly for the right answers!

Many thanks and God bless!!!

Galina, Inc. has prepared the following direct materials purchases budget: Budgeted DM Month Purchases June $69,000 July 74,000 August 78,100 September 78,800 October 69,400 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. $49,520 OB. $7,880 O C. $41,640 OD. $14,820 Kuzma Foods, Inc. has budgeted sales for June and July at $690,000 and $790,000, respectively. Sales are 90% credit, of which 70% is collected in the month of sale and 30% is collected in the following month. What is the budgeted Accounts Receivable balance on July 31? O A. $186,300 OB. $711,000 O C. $213,300 OD. $237,000

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