Fedor,IncHas Prepared the Following Direct Materials Purchases Budget All Purchases Are Paid for as Follows: 40% in the |

question 93

Multiple Choice

Fedor,Inc.has prepared the following direct materials purchases budget: $$\begin{array} { | l | r | } \hline &{ \text { Budgeted DM } } \\\text { Month } & \text { Purchases } \\\hline \text {June } & \$ 67,000 \\\hline \text { July } & 77,000 \\\hline \text { August } & 76,300 \\\hline \text { September } & 78,000 \\\hline \text { October } & 70,200 \\\hline\end{array}$$ 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.

• A) $67,080
• B) $46,630
• C) $35,710
• D) $74,710

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