Digregory Makes All Purchases on Account, Subject to the Following

question 59

Multiple Choice

Digregory makes all purchases on account, subject to the following payment pattern:
Paid in the month of purchase: 30%
Paid in the first month following purchase: 60%
Paid in the second month following purchase: 10%
If purchases for January, February, and March were $200,000, $180,000, and $230,000, respectively, what were the firm's budgeted payments in March?

• A) $69,000.
• B) $138,000.
• C) $177,000.
• D) $197,000.
• E) None of the other answers are correct.

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