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thank you in advance! QuesLUNJU Fortune Company's direct materials budget shows the following cost of materials to be purchased for the coming three months: January

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QuesLUNJU Fortune Company's direct materials budget shows the following cost of materials to be purchased for the coming three months: January $ 12,700 February $14,810 March $11.630 Direct materials purchases Payments for purchases are expected to be made 50% in the month of purchase and 50% in the month following the purchase. The December Accounts Payable balance is $7.100. The budgeted cash payments for materials in January are 57.100 59.900 513755 513450 $19.800

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