What Is the Total Amount Budgeted for March in This

question 33

Multiple Choice

What is the total amount budgeted for March in this time-phased budget? $$\begin{array} { | l | l | l | l | l |} \hline \text { Activity } & \text { Jaruary } & \text { February } & \text { March } & \text { April } \\\hline \text { Survey } & 8,000 & & & \\\hline \text { Design } & 5,250 & 4,500 & & \\\hline \text { Pirt } & & 6,700 & & \\\hline \text { Foundation } & & 12,550 & & \\\hline \text { Frarning } & & & 37,250 & \\\hline \text { Plurnb } & & & 7,800 & \\\hline \text { Wire } & & & & 5,500 \\\hline\end{array}$$

• A)$37,250
• B)$82,050
• C)$41,000
• D)$45,050

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Definitions:

2/10, n/30

A common credit term indicating that a buyer can take a 2% discount on the invoice price if payment is made within 10 days; otherwise, the net amount is due in 30 days.

FOB Destination

A shipping term indicating that the seller bears freight charges and remains responsible for the goods until they are delivered to the buyer's location.

Freight Costs

Expenses incurred by a company to transport goods from one place to another, such as shipping charges for receiving or sending out inventory.

Trade Discount

A reduction in the list price granted by a supplier to a buyer, often based on the volume of goods purchased or to maintain a competitive advantage.