Question: Question 10 Alliance Construction is estimating the following raw material purchases for the final four months of the year: Not yet answered Points out of

Question 10 Alliance Construction is estimating the following raw material purchases

Question 10 Alliance Construction is estimating the following raw material purchases for the final four months of the year: Not yet answered Points out of 3 F Flag September: $800,000 October: $1,000,000 November: $480,000 December: $760,000 question At Alliance, 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. How much cash should Alliance expect to pay out for the raw material purchases during November? Select one: a. $844,000 O b. $444,000 O c. $636,000 O d. $364,000 Next page

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