Question: Search D2L. Q ARC G MILESTONE < 1 2 3 4 5 6 7 8 9 10 11 Olivia Incorporated is working on its Materials

Search D2L. Q ARC G MILESTONE < 1 2 3 4 5 6 7 8 9 10 11 Olivia Incorporated is working on its Materials Cash Disbursements Budget and is trying to determine how much cash it will spend for materials in Quarter 2. According to their budget standards, they pay for 75% of their materials purchased in the quarter in which the UN materials are received and 25% in the following quarter. They anticipate Accounts Payable for Materials (prior year) of $10,000, 4.1 Material Purchases in Q1 of $50,000, Material Purchases in Q2 of $70,000, Material Purchases in Q3 of $40,000, and Material Purchases in Q4 of $25,000. M What will their Total Cash Disbursements for Materials be for Quarter 4 of next year? Use the sample Materials Cash Disbursements Budget below to help calculate your answer. Quarter Quarter Quarter Quarter Year 2 3 Accounts Payable, $10,000 January 1 Purchases, Quarter 1 4.2 De Purchases, Quarter 2 Purchases, Quarter 3 31893

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