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Peabody Company prepared the following purchases budget: Month Budgeted Purchases June $34.600 July $41,000 August $39,400 September $44,200 October $48,700 All purchases are paid for
Peabody Company prepared the following purchases budget: Month Budgeted Purchases June $34.600 July $41,000 August $39,400 September $44,200 October $48,700 All purchases are paid for as follows: 30% in the month of purchase, 45% in the following month, and 25% two months after purchase. What are the total cash disbursements in October to account for the purchase of merchandise at Peabody Company? ... O A. $44.350 O B. $38,920 O C. $48,700 OD. $14,610
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