Business, 31.03.2020 02:57 icario1224

Expected direct materials purchases in Metlock Company are $204000 in the first quarter and $264000 in the second quarter. 35 percent of the purchases are paid in cash as incurred, and the balance is paid in the following quarter. The budgeted cash payments for purchases in the second quarter are: $279000. $207000. $261000. $225000.

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Expected direct materials purchases in Metlock Company are $204000 in the first quarter and $264000...