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Son Industries budgeted sales and direct materials purchases are as follows Budgeted Sales Budgeted DM Purchases January $200,000 $30,000 February $220,000 $36.000 March 338,000 Sales
Son Industries budgeted sales and direct materials purchases are as follows Budgeted Sales Budgeted DM Purchases January $200,000 $30,000 February $220,000 $36.000 March 338,000 Sales are 30% cash and 70% credt Credit sales are collected in the month following sale. Direct materials purchases are paid 40% cash in the month of purchase and 60% in the month following purcha. What are budgeted cash payments for DM purchases for the month of February O A $32.400 OB. $33.000 OC M800 OD $30,000
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