Peach Company Has the Following Information Purchases Are Paid for in the Following Manner: 75% in

Peach Company has the following information: $\begin{array}{lc}\text { Month } & \text { Budgeted Purchases } \\\hline \text { January } & \$ 25,000 \\\text { February } & 19,000 \\\text { March } & 33,000 \\\text { April } & 27,000 \\\text { May } & 27,680\end{array}$ Purchases are paid for in the following manner: 75% in the month of purchase
25% in the month after purchase
_____ is the total estimated cash disbursement in March for the purchase of merchandise.

A) $22,500
B) $24,750
C) $29,500
D) $39,000

Correct Answer:

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Access For Free