fortune company's direct materials budget shows the following cost of materials to be purchased for the coming three months: january february march material purchases $ 12,280 $ 14,390 $ 11,210 payments for purchases are expected to be made 50% in the month of purchase and 50% in the month following purchase. the december accounts payable balance is $6,400. the expected january 31 accounts payable balance is:

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04-11-2022
Business

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fortune company's direct materials budget shows the following cost of materials to be purchased for the coming three months: january february march material purchases $ 12,280 $ 14,390 $ 11,210 payments for purchases are expected to be made 50% in the month of purchase and 50% in the month following purchase. the december accounts payable balance is $6,400. the expected january 31 accounts payable balance is:

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