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Rolling Wheels purchases bicycle components in the month prior to assembling them into bicycles. Assembly is schedules one month prior to budgeted sales. Rolling pays
Rolling Wheels purchases bicycle components in the month prior to assembling them into
bicycles. Assembly is schedules one month prior to budgeted sales. Rolling pays of
components costs in the month purchase and of the costs in the following month.
Component costs included in budgeted cost of sales are:
What is Rolling's budgeted cash payments for components in May?
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