Question: L PM / Remaining: 19 min. CALCULATOR MESSAGE MY INSTRUCTOR FULL SCREEN PRINSE Multiple Choice Question 140 Your answer is incorrect. Try again. Morgan Manufacturing

L PM / Remaining: 19 min. CALCULATOR MESSAGE MY INSTRUCTOR FULL SCREEN PRINSE Multiple Choice Question 140 Your answer is incorrect. Try again. Morgan Manufacturing is preparing its cash budget for the second quarter. The inventory manager has provided the folowing amounts busgeted for nateriaks April May une $62,880 44,960 47,360 The controller reports that Morgan pays for 20% of its purchases in the month of purchase 60% in the month follo ing po han anna i What are Morgan's budgeted cash payments for purchases in June? d $89,912 $49,022 $9,472 $39,552 ls LINK TO TEXT

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