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PLEASE HELP ME FINISH THIS QUESTION!! please help me answer the last part!!! PLEASE The credit terms with the current supplier allow for 30% to

PLEASE HELP ME FINISH THIS QUESTION!!
please help me answer the last part!!! PLEASE image text in transcribed
image text in transcribed
image text in transcribed
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The credit terms with the current supplier allow for 30% to be paid in themonth of purchase and 70% in the following month. While this supplier doesnit offer any discount for earfy payment, Kevin's company has been able to benefit from these terms by waiting until the month following the purchase to pay for most of each purchase. Outline the schedule of cash disbursements for quarter 3 that would accompany these purchases, Present amounts for each month and for the quarter overall. Also identify the AVP bulance as of September 30 . (Round answen to 2 decimal places. es. 15.25J It, instead, Kevin decides to buy his materials from the new vendor, how much more will the purchases cost each month assuming the same ending inventory requirements? Assurne the new vendor offers poyment terms of 2/10 net 30 , and Kevin is committed to receiving the discount. Assume inomthly purchases are all made within the firit 20 days of the month. (Round aniwers to 2 decimal ploces, es. 15.25. Transitioning from employec to manager has been cociting for Kevin' He enjoys having the responsibyity and authority to make decisions, and it is rewarding to join the management tesm, sharing insights to make better decisions. One of his first responsibilities is to address the DM purchases budget. The company has a strong relationchip with its current supolier, but the quality of the supplier S DM has declined Knowing this, Kevin has already reached out to a defterent vendor to see what kind of a deal it might offer. The DM informution for Kevinis division and for each vendor jus described is as follows. - DM on hand as of July 1 slightly exceeds expectations at 1.560 lincar bourd feet. - Each unit requires 4 linear board feet: Kevin is most comfortabie if the company has 206 of the following month's production needs an hand. - The cost per linear foot is $7.50 with the curnent supplier, its $8.00 with the new vendor. - Planned production for July is 1,900 units, for August is 2,000 units, for September is 2,100 units, and for October is 1,900 units - The AP balance related to Jure DM purchases is $34,125 on July 1. Prepare the DM purchases budget for the third quarter, assuming Kevin stays with the current supplier. Specify amounts for cach month and for the quarter overalt iRound DM cost per linear foot to 2 decimal places, es. 15.25)

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