Adi Manufacturing Corporation is estimating the following raw material purchases for the final four months of the year: Septembe
r $800,000 October $920,000 November $840,000 December $760,000At 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. How much cash should Adi expect to pay out for raw material purchases during November? A. $252,000
B. $896,000
C. $644,000
D. $392,000
