question archive Shown below data about four quarters of 2020 budget for X Company: Third quarter Fourth quarter cost of material 40000 50000 -70% of quarter's purchases is paid for in the quarter of purchases and the remaining 30% is paid for in the following quarter
Shown below data about four quarters of 2020 budget for X Company: Third quarter Fourth quarter cost of material 40000 50000 -70% of quarter's purchases is paid for in the quarter of purchases and the remaining 30% is paid for in the following quarter
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Shown below data about four quarters of 2020 budget for X Company: Third quarter Fourth quarter cost of material 40000 50000 -70% of quarter's purchases is paid for in the quarter of purchases and the remaining 30% is paid for in the following quarter. Cash disbursement schedule for fourth quarter would be: O A. $24900 B. $47000 O C. $35600 D. none of the above
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