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Business, 31.05.2020 02:59 raiindrxp

Barnes Company budgeted direct materials purchases of $ 191 comma 990 in January and $ 138 comma 610 in February. Assume Barnes pays for direct materials purchases 60% in the month of purchase and 40% in the month after purchase. The Accounts Payable balance on January 1 is $ 75 comma 000. Prepare a schedule of cash payments for purchases for January and February. Round to the nearest dollar.

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Barnes Company budgeted direct materials purchases of $ 191 comma 990 in January and $ 138 comma 610...
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