Delleate, Inc has prepared the following direct materials purchases budget
Month Budgeted DM Purchases
June $67,000
July 77,000
August 76,300
September 78,000
October 70,200
All purchases are paid for as follows: 40% in the month of purchase, 50% in the following month, and 10% two months after purchase. Calculate total cash payments made in October for purchases.
A) $67,080
B) $46,630
C) $35,710
D) $74,710
answer: D) $74,710