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M:5 Homework Question 6, EM5-27 (similar to) Part 1 of 3 HW Score: 31.02 %, 2.17 of 7 points O Points: 0 of 1 Save

image text in transcribedimage text in transcribed M:5 Homework Question 6, EM5-27 (similar to) Part 1 of 3 HW Score: 31.02 %, 2.17 of 7 points O Points: 0 of 1 Save Mason 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 Mason 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 balancs, January 1 January-Direct material purchases paid in February February--Drect material purchases paid in March Total payments for direct materials Direct Labor Total payments for direct labor Etext pages Calculator January February March Total Clear all Check answer 3:32 PM Question 5, EM5-27 (similar to) HW Score: 31.02%, 2.17 of 7 points :0 of 1 - X any has the follo Data table icon to view the oundary Guruury hedule of cash p ssume the comp Direct materials purchases $ 3,700 $ 4,500 $ 4,100 Property Taxes, Accounts Payable eld empty; do not enter a zero.) Direct labor costs 3,500 3,800 4,100 Depreciation on plant 600 600 600 Utilities for plant 640 640 640 Property taxes on plant 150 150 150 ments aterials: Depreciation on office 200 200 200 Utilities for office 350 350 350 Payable balance, J Property taxes on office 130 130 130 -Direct material pur y-Direct material pu ayments for direct m Office salaries 4,000 4,000 4,000 Labor: payments for direct la 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 Januan 1 Calculator Print Done Clear all C

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