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Marlin Company has the following projected costs for manufacturing and selling and administrative expenses: ( Click the icon to view the projected costs. ) the
Marlin Company has the following projected costs for manufacturing and selling and administrative expenses:
Click the icon to view the projected costs. 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.
tableCash PaymentsDirect Materials:Accounts Payable balance, January JanuaryDirect material purchases paid in FebruaryFebruaryDirect material purchases paid in MarchTotal payments for direct materialsDirect Labor:Total payments for direct labor
Data table
tablenuary February,MarchDirect 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
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 The Accounts Payable and Utilities Payable accounts have a zero balance on January
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