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This Question: 3 pts 13 of 30 Lough Company prepared the following purchases budget: Month Budgeted Purchases June $43,000 July $45,000 August $38,000 September $54,000

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This Question: 3 pts 13 of 30 Lough Company prepared the following purchases budget: Month Budgeted Purchases June $43,000 July $45,000 August $38,000 September $54,000 October $49,900 All purchases are paid for as follows: 5% two months after purchase, 35% in the following month, and 60% in the month of purchase. What are the total cash disbursements in August to account for the purchase of merchandise at Lough Company? O A. $43,450 O B. $50,740 O C. $40,700 OD. $22,800

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