Fedor, Inc. has prepared the following direct materials purchases budget: Month June July August September October...

  

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Fedor, Inc. has prepared the following direct materials purchases budget: Month June July August September October Budgeted DM Purchases $68,000.00 75,000 77,500 79,100 77,400 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. $38,710.00 B. $47,300.00 C. $78,260.00 D. $70,510.00 Fedor, Inc. has prepared the following direct materials purchases budget: Month June July August September October Budgeted DM Purchases $68,000.00 75,000 77,500 79,100 77,400 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. $38,710.00 B. $47,300.00 C. $78,260.00 D. $70,510.00

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