Answer:
The firm's budgeted payments in March is $206,500
Explanation:
The purchase pattern is categorized into three percentage : 25%, 55% , and 20%
Here, following month is considered to be a month which is before than actual month.
The firm's budgeted payments in March is computed below:
= 25% of march month + 55% of February month + 20% of January month
= 25% × $240,000 + 55% × $190,000 + 20% × $210,000
= $60,000 + $104,500 + $42,000
= $206,500
Thus, the firm's budgeted payments in March is $206,500
