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Use the following information for the next 2 questions. Jason's Bakery is creating a cash disbursement budget. Jason's makes all of their purchases on credit.

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Use the following information for the next 2 questions. Jason's Bakery is creating a cash disbursement budget. Jason's makes all of their purchases on credit. They pay $.55 per every pound of material. 50% of the month's purchases are paid in the month of purchase while 50% is paid in the following month. On December 31st, accounts payable is $15,000. From our direct materials budget, we know that 40,000lbs, of material were purchased in January, 35,000lbs. in February, and 30,000lbs. in March. What is the total cash payments for materials in February? 20,625 15,405 32,749 19,493 Question 10 0/1 pts What is the accounts payable on January 31? 9,625 8,300 11.000 16,750

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