Avery Company has the following projected costs for manufacturing and selling and administrative expenses: (Click the...
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Avery Company has the following projected costs for manufacturing and selling and administrative expenses: (Click the icon to view the projected costs.) Prepare a schedule of cash payments for Avery for January, February, and March. Determine the balances in Prepaid Property Taxes, Accounts Payable, and Utilities Payable as of March 31. (Assume the company started operations in January. If an input field is not used in the table leave the input field empty; do not enter a zero.) Cash Payments Direct Materials: Accounts Payable balance, January 1 January-Direct material purchases paid in February Fatonuary-Direct material purchases paid in March Total payments for direct materials Direct Labor: Total payments for direct labor Demodocs example Get more help January KIDD February March Total Clear all Check answer Avery Company (Click the ico Prepare a sched Payable as of Ma Cash Payments Direct Materials Accounts Payab January-Direct February-Direc Total payments Direct Labor: Total payments Demodocs example Data table Direct materials purchases Direct labor costs Depreciation on plant Utilities for plant Property taxes on plant Depreciation on office Utilities for office Property taxes on office Office salaries Get more help. January Print February 3,400 $ 3,900 $ 2,800 3,600 800 800 750 750 300 300 250 250 630 630 140 140 6,500 6,500 $ All costs are paid in month incurred except: direct materials, which are paid in the month following the purchase; utilities, which are paid in the month after incurred; and property taxes, which are prepaid for the year on January 2. The Accounts Payable and Utilities Payable accounts have a zero balance on January 1. March Done 4,000 4,300 800 750 300 250 630 140 6,500 - X es: s in Prepaid Property Taxes, Acc n the table leave the input field es Total Clear all C Carmen Company has the following projected costs for manufacturing and selling and administrative expenses: (Click the icon to view the projected costs.) Prepare a schedule of cash payments for Carmen for January, February, and March. Determine the balances in Prepaid Property Taxes, Accounts Payable, and Utilities Payable as of March 31. (Assume the company started operations in January. If an input field is not used in the table leave the input field empty; do not enter a zero.) Manufacturing Overhead: Utilities for plant Property taxes on plant Total payments for manufacturing overhead Selling and Administrative Expenses: Utilities for office Property taxes on office Office salaries Total payments for Selling and Admin. expenses Total cash payments cs example Get more help. come Clear all Check answer Total Acccount balances, March 31: Prepaid Property Taxes Accounts Payable Utilities Payable odocs example Get more help. Cle. Avery Company has the following projected costs for manufacturing and selling and administrative expenses: (Click the icon to view the projected costs.) Prepare a schedule of cash payments for Avery for January, February, and March. Determine the balances in Prepaid Property Taxes, Accounts Payable, and Utilities Payable as of March 31. (Assume the company started operations in January. If an input field is not used in the table leave the input field empty; do not enter a zero.) Cash Payments Direct Materials: Accounts Payable balance, January 1 January-Direct material purchases paid in February Fatonuary-Direct material purchases paid in March Total payments for direct materials Direct Labor: Total payments for direct labor Demodocs example Get more help January KIDD February March Total Clear all Check answer Avery Company (Click the ico Prepare a sched Payable as of Ma Cash Payments Direct Materials Accounts Payab January-Direct February-Direc Total payments Direct Labor: Total payments Demodocs example Data table Direct materials purchases Direct labor costs Depreciation on plant Utilities for plant Property taxes on plant Depreciation on office Utilities for office Property taxes on office Office salaries Get more help. January Print February 3,400 $ 3,900 $ 2,800 3,600 800 800 750 750 300 300 250 250 630 630 140 140 6,500 6,500 $ All costs are paid in month incurred except: direct materials, which are paid in the month following the purchase; utilities, which are paid in the month after incurred; and property taxes, which are prepaid for the year on January 2. The Accounts Payable and Utilities Payable accounts have a zero balance on January 1. March Done 4,000 4,300 800 750 300 250 630 140 6,500 - X es: s in Prepaid Property Taxes, Acc n the table leave the input field es Total Clear all C Carmen Company has the following projected costs for manufacturing and selling and administrative expenses: (Click the icon to view the projected costs.) Prepare a schedule of cash payments for Carmen for January, February, and March. Determine the balances in Prepaid Property Taxes, Accounts Payable, and Utilities Payable as of March 31. (Assume the company started operations in January. If an input field is not used in the table leave the input field empty; do not enter a zero.) Manufacturing Overhead: Utilities for plant Property taxes on plant Total payments for manufacturing overhead Selling and Administrative Expenses: Utilities for office Property taxes on office Office salaries Total payments for Selling and Admin. expenses Total cash payments cs example Get more help. come Clear all Check answer Total Acccount balances, March 31: Prepaid Property Taxes Accounts Payable Utilities Payable odocs example Get more help. Cle.
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Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133255584
4th Edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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