Fedor, Inc. has prepared the following direct materials purchases budget: Month Budgeted DM Purchases June $67,000 July 77,000 August 76,300 September 78,000 October 70,200 All purchases are paid for...

Fedor, Inc. has prepared the following direct materials purchases budget:

Month	Budgeted DM Purchases
June	$67,000
July	77,000
August	76,300
September	78,000
October	70,200

All purchases are paid for as follows: 40% in the month of purchase, 50% in the following month, and 10% two months after purchase. Calculate total budgeted cash payments made in October for purchases.

Group of answer choices

$67,080

$46,630

$35,710

$74,710

Jun 11, 2022

SOLUTION.PDF

Fedor, Inc. has prepared the following direct materials purchases budget: Month Budgeted DM Purchases June $67,000 July 77,000 August 76,300 September 78,000 October 70,200 All purchases are paid for...

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