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Business, 28.06.2020 03:01 mrstealyogirl40

Fedor, Inc. has prepared the following direct materials purchases budget: Month Budgeted DM Purchases June $ 67 comma 000 July 75 comma 500 August 76 comma 300 September 78 comma 400 October 80 comma 000 All purchases are paid for as follows: 10% in the month of purchase, 40% in the following month, and 50% two months after purchase. Calculate total budgeted cash payments made in October for purchases.

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