Concord Corporation's direct materials budget shows direct materials purchases for January $275000, February $335000 and...
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Accounting
Concord Corporation's direct materials budget shows direct materials purchases for January $275000, February $335000 and March $425000. Cash payments are 60% in the month of purchase and 40% in the following month. The budgeted cash disbursements for direct materials purchases in March are $304000. $389000. $335000. $371000
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