Tremore Corp has the following information concerning its raw materials purchases. The budgeted cost of raw materials purchases in March is $985,030. The budgeted cost of raw materials purchases in February was $888,500. The budgeted costs of raw materials in April is $975.444. The company pays for 40% of its raw material purchases in the month of purchase and 60% in the following month. The budgeted accounts payable balance at the end of March is closest to: $390,178 None of the other choices are correct. $591,018 $927,112