The Mosquito Abatement Commission is a newly organized federal agency with three primary programs: Coordination of state
Question:
The Mosquito Abatement Commission is a newly organized federal agency with three primary programs: Coordination of state government abatement functions, conduct research on mosquito abatement, and promote abatement through public education. The following information is available at the end of the first quarter (December 31, 2012):
Required:
Prepare a Statement of Net Costs for the quarter ended December31.
Transcribed Image Text:
Public Education Coordination Research Total Apportionments from OMB Allotmentsfirst quarter Salaries paid Accrued salaries payable Supplies ordered and received Supplies used $5,000,000 $2,500,000 1,500,000 $1,000,000 5,000,000 1,400,000 600,000 720,000 2,720,000 58,000 136,000 649,000 107,000 355,000 120,000 582,000 70,000 37,000 ,387,000 100,000 25,000 156,000 15,000 357,000 18,000 35,000 850,000 27,000 500,000 8,000 Program Revenue: Charges for services 100,000
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