Cash payments are paid such that 60 are paid in the month


Question - Manufacturing costs are estimated to be $360,000 and $450,000 for July and August respectively. These amounts include $30,000 of monthly depreciation plant and equipment expense. Cash payments are paid such that 60% are paid in the month incurred and 40% are paid in the following month. What are the budgeted cash payments for August?

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Accounting Basics: Cash payments are paid such that 60 are paid in the month
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