Delleate Inc. has prepared the following purchases budget: $$\begin{array} { | l | r | }
\hline \text { Month } & \text { Budgeted Purchases } \
\hline \text { June } & \$ 67,000 \
\hline \text { July } & 72,500 \
\hline \text { August } & 76,300 \
\hline \text { September } & 73,700 \
\hline \text { October } & 69,200 \
\hline
\end{array}$$ All purchases are paid for as follows: 10% in the month of purchase, 50% in the following month, and 40% two months after purchase. Calculate total cash payments made in October for purchases.

Question

Delleate Inc. has prepared the following purchases budget: $$\begin{array} { | l | r | } 
\hline \text { Month } & \text { Budgeted Purchases } \
\hline \text { June } & \$ 67,000 \
\hline \text { July } & 72,500 \
\hline \text { August } & 76,300 \
\hline \text { September } & 73,700 \
\hline \text { October } & 69,200 \
\hline
\end{array}$$ All purchases are paid for as follows: 10% in the month of purchase, 50% in the following month, and 40% two months after purchase. Calculate total cash payments made in October for purchases.

Quizplus · Accepted Answer

The Answer of Delleate Inc. has prepared the following purchases budget: $$\begin{array} { | l | r | } 
\hline \text { Month } & \text { Budgeted Purchases } \
\hline \text { June } & \$ 67,000 \
\hline \text { July } & 72,500 \
\hline \text { August } & 76,300 \
\hline \text { September } & 73,700 \
\hline \text { October } & 69,200 \
\hline
\end{array}$$ All purchases are paid for as follows: 10% in the month of purchase, 50% in the following month, and 40% two months after purchase. Calculate total cash payments made in October for purchases.

Delleate Inc All Purchases Are Paid for as Follows: 10% in the |