Fedor,IncHas Prepared the Following Direct Materials Purchases Budget All Purchases Are Paid for as Follows: 10% in the Month

Fedor,Inc.has prepared the following direct materials purchases budget: $\begin{array}{|l|r|}\hline\text { Month } & {\begin{array}{c}\text { Budgeted DM } \\\text { Purchases }\end{array}} \\\hline \text { Tune } & \$ 68,000 \\\hline \text { Iuly } & 79,500 \\\hline \text { August } & 78,700 \\\hline \text { September } & 77,800 \\\hline \text { October } & 70,200 \\\hline\end{array}$ 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.

A) $38,140
B) $70,470
C) $46,370
D) $77,490