Question 7 Not yet answered Raw Material Purchases for January are forecast to be $10,000 Raw Material Purchases for February are forecast to be $20,000 Raw Material Purchases for March are forecast to be $30,000 Marked out of 1.00 P Flag question The Firm Pays for its Raw Material Purchases as follows: 40% in the Month of Purchase 60% one Month After Purchase. How much will the firm pay for Raw Material Purchases in February Select one: O a. $14,000 O b. $9,200 O c. None of these answers O d. $16,000 O e. $12,000