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  3. yandell company budgeted direct materials purchase

Yandell Company budgeted direct materials purchases of $191,260 in January and $138,420 in February. Assume...

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Accounting

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Yandell Company budgeted direct materials purchases of $191,260 in January and $138,420 in February. Assume Yandell pays for direct materials purchases 80% in the month of purchase and 20% in the month after purchase. The Accounts Payable balance on January 1 is S2 00 Pe area schedule or as a ments or purchases for January and February. Round to the nearest dollar

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