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TB MC Qu. 8-93 (Algo) Dane Inc. has forecast purchases on... Dane Inc. has forecast purchases on account to be $310,000 in March, $371,000

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TB MC Qu. 8-93 (Algo) Dane Inc. has forecast purchases on... Dane Inc. has forecast purchases on account to be $310,000 in March, $371,000 in April, $428,000 in May, and $490,000 in June. Sixty five percent of purchases are paid for in the month of purchase, the remaining 35% are paid in the following month. What are budgeted cash payments for April? Multiple Choice $256,650 $349,650 $382,650 $123,650

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