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pls fast Fortune Company's direct materials budget shows the following cost of materials to be purchased for the coming three months: Payments for purchases are

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Fortune Company's direct materials budget shows the following cost of materials to be purchased for the coming three months: Payments for purchases are expected to be made 50% in the month of purchase and 50% in the month following purchase. The December Accounts Payable balance is $7,300. The budgeted cash payments for materials in January are: $20,120. $7,300. $13,710. $13,875. $10,060

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