Saniya Corp. is preparing their budget for the second quarter and provides the following data Apr May Jun
Budgeted purchases of direct materials
$20,000 $24,000 $21,000
Budgeted Cash Payments for Purchases of direct
materials
Apr May Jun
40% of previous month purchases
$6,000 $8,000 $9.600
60% of current month purchases
12.000 14.400 12,600
Total cash payments
$18,000 $22.400 S22 200
Assume that accounts payable pertains only to suppliers of direct materials inventory. Based on the above data, the amount of Accounts Payable that should be shown in the budgeted balance sheet as of June 30 is
O A 59,600
OB. $22.200
OC. $12,600
OD. 58.400
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