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

Question 93

Multiple Choice

Delleate,Inc.has prepared the following direct materials purchases budget:  Month  Budgeted DM  Purchases  June $68,000 July 77,500 August 76,300 September 75,000 October 72,000\begin{array}{|c|c|}\hline \text { Month } & \begin{array}{l}\text { Budgeted DM } \\\text { Purchases }\end{array} \\\hline \text { June } & \$ 68,000 \\\hline \text { July } & 77,500 \\\hline \text { August } & 76,300 \\\hline \text { September } & 75,000 \\\hline \text { October } & 72,000 \\\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.


A) $44,700
B) $68,020
C) $37,720
D) $75,220

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