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Finch Company began its operations on March 3 1 of the current year. Finch has the following projected costs: Of the manufacturing costs, three -
Finch Company began its operations on March of the current year. Finch has the following projected costs:
Of the manufacturing costs, threefourths are paid for in the month they are incurred; onefourth is paid in the following month.
Insurance expense is $ a month; however, the insurance is paid four times yearly in the first month of the quarter, ie January, April, July, and October
Property tax is paid once a year in November.
The cash payments expected for Finch Company in the month of May are
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