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QUOSLUITION Avery Company has the following projected costs for manufacturing and selling and administrative expenses: (Click the icon to view the projected costs.) Prepare a
QUOSLUITION 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. (If a box is not used in the table leave the box empty; do not enter a zero.) i - Data Table Total X March Cash Paym Direct Mate Accounts Pa January-Di February Direct materials purchases Direct labor costs Total payme Depreciation on plant Utilities for plant January February March $ 3,200 $ 3,800 $ 4,500 3,000 4,400 550 550 550 550 550 100 100 100 250 250 320 320 320 140 140 140 6,500 6,500 6,500 Direct Labo Total payme Property taxes on plant Depreciation on office Utilities for office Property taxes on office Office salaries Manufactur 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. Choose from bext question. January February | March Total Cash Payments Direct Materials: Accounts Payable balance, January 1 JanuaryDirect material purchases paid in February FebruaryDirect material purchases paid in March Total payments for direct materials Direct Labor: Total payments for direct labor Manufacturing Overhead: Manufacturing Overhead: Depreciation Office salaries Property taxes on office Property taxes on plant Utilities for office Utilities for plant Total payments for Selling and Admin. expenses Total cash payments 31. (If a box is not used in the table leave the box empty; do not enter a zero.) Total payments for manufacturing overhead Selling and Administrative Expenses: Total payments for Selling and Admin. expenses Total cash payments Acccount balances, March 31: Prepaid Property Taxes Accounts Payable Utilities Payable Choose from any list or enter any number in the input fields and then continue to the next
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