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show work please The direct materials budget for Vaughn Co shows the following cost of materials to be purchased for the coming three months Material
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The direct materials budget for Vaughn Co shows the following cost of materials to be purchased for the coming three months Material purchases $ 12,820 $ 14,930 $ 11,759 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 expected January 31 Accounts Payable balance is Multiple Choice $7,300. $7,465. $12,820Step by Step Solution
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