The chief accountant for Endrun Corporation is preparing the company's cash disbursements for purchases budget for 2022. The accountant estimates that 60% of a month's purchases will be paid in the month of the sale, 25% in the month following the purchase, and 15% two months after the purchase. Material purchases on credit for the last three months of 2021 and the first three months of 2022 are as follows: October $ 36,000 November 40,000 December 38.000 January 42.000 February 44.000 March 48,000 How much does the accountant expect to pay suppliers during the first three months of 20222 A) $40.700 $42.600 and $46,100 B) $42.000 $44,000 and $48,000 $42.600 $44,200 and $46,600 Which of the following statements about budgets and budgeting is true? OA) The cash budget is needed to do the schedule of cash receipts from customers. OB) Production levels are needed to do the selling and administrative budget. C) The end result of the budget process is the cash budget. D) A cost for the coming year can be estimated by adjusting the previous year's cost for expected changes in the quantity of the resource to be used in the coming year and the expected cost per unit expected for the coming year