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Compute the budgeted cash payments for purchases

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Question - Expected direct materials purchases in Rees Company are $210000 in the first quarter and $270000 in the second quarter. 40 percent of the purchases are paid in cash as incurred, and the balance is paid in the following quarter. Compute the budgeted cash payments for purchases in the second quarter?

a. $288000.

b. $270000.

c. $234000.

d. $216000.

Reference no: EM132486255

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