What were the firms budgeted payments

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Reference no: EM13793770

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 $206,000, $186,000, and $236,000, respectively, what were the firm's budgeted payments in March?

$70,800.

$141,600.

$182,400.

$203,000.

Some other amount.

Reference no: EM13793770

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