Question: Robert Manufacturing is preparing its cash budget for the second quarter. The inventory manager has provided the following amounts budgeted for materials purchases: April $62850

Robert Manufacturing is preparing its cash budget for the second quarter.

Robert Manufacturing is preparing its cash budget for the second quarter. The inventory manager has provided the following amounts budgeted for materials purchases: April $62850 May 45020 June 47400 The controller reports that Robert pays for 10% of its purchases in the month of purchase, 70% in the month following purchase, and 20% in the second month after purchase. What are Robert's budgeted cash payments for purchases in June? O $48824 O $44084 O $91484 O $4740

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