What were the firms budgeted payments

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Reference no: EM13775751

Digregory makes all purchases on account, subject to the following payment pattern:

Paid in the month of purchase: 30%

Paid in the first month following purchase: 60%

Paid in the second month following purchase: 10%

If purchases for January, February, and March were $195,000, $175,000, and $225,000, respectively, what were the firm's budgeted payments in March?

Reference no: EM13775751

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