Delleate, Inc. has prepared the following direct materials purchase budget: Month DM Budget Purchases June $67,000 July
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Delleate, Inc. has prepared the following direct materials purchase budget: Month DM Budget Purchases June $67,000 July 77,000 August 76,300 September 78,000 October 70,200 All purchases are paid as follows: 40% in the month of purchase, 50% in the following month, and 10% two months after the purchase. Calculate the total cash payments made in October for purchases
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