Question: please solve. highlight, underline or bold print the answer. Adi Manufacturing Corporation is estimating the following raw material purchases for the final four months of
please solve. highlight, underline or bold print the answer.
Adi Manufacturing Corporation is estimating the following raw material purchases for the final four months of the year September October November December $952,000 $1,016,000 $964,000 $888,000 At Adi, 30% of raw materials purchases are normally paid for in the month of purchase. The remaining 70% is paid for in the month following the purchase. n Adi's budgeted balance sheet at December 31, at what amount will accounts payable for raw materials be shown? O $888.000 O $621.600 $266,400 O $674,800
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