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Accounting

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Adi Manufacturing Corporation ls estimating the following raw meterial purchases for the final four months of the year: October November December $966,000 $1074.000 $878,000 $792,000 At Adi, 30% of raw materials purchases are normally paid for in the month of purchase: The remaining 70% is paid for in the month following the purchase. In Adi's budgeted balance sheet at December 31, at what amount will accounts peyable for raw materials be shown? O $237600 O $614.600 O $792,000 O $554,400

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