Perry Company prepared the following purchases budget:
Month
June
July
August
September
October
Budgeted Purchases
$35,000
$40,000
$38,300
$51,000
$48,900
All purchases are paid for as follows: 20% two months after purchase, 55% in the following month, and 25% in the
month of purchase. What are the total cash disbursements in October to account for the purchase of merchandise at
Perry Company?
? ?. $47,935
B. $38,575
C. $12,225
D. $40,275