Top Posters
Since Sunday
g
3
2
J
2
p
2
m
2
h
2
s
2
r
2
d
2
l
2
a
2
s
2
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
Deprecated Deprecated
wrote...
Go to Answer
Posts: 2784
Rep: 104 0
7 years ago
Delleate, 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 cash payments made in October for purchases. 
A) $46,630
B) $35,710
C) $67,080
D) $74,710
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
Read 494 times
2 Replies
Replies
Answer verified by a subject expert
.unplugged..unplugged.
wrote...
#1
Top Poster
Posts: 1272
Rep: 267 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Deprecated Author
wrote...
#2
7 years ago
This was certainly a tough question, loving the expertise
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  781 People Browsing
 120 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 8428
  
 404
  
 271
Your Opinion
Do you believe in global warming?
Votes: 370
Previous poll results: Should Ph.D.'s be addressed as doctors?