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this is all the infi given for this question A company has budgeted direct materials purchases of $420,000 in April and $530,000 in May. Past

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A company has budgeted direct materials purchases of $420,000 in April and $530,000 in May. Past experience indicates that the company pays for 60% of its purchases in the month of purchase and the remaining 40% in the next month. During May, the following items were budgeted

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