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so confused LIV e Graham Company has the following projected costs for manufacturing and selling and administrative expenses: (Click the icon to view the projected
so confused LIV e Graham 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 Graham for January, February, and March. Determine the balances in Prepaid Property Taxes, Accounts Payable, and Utilities Payable as of March 31. (If an input field is not used in the table leave the input field emply do not enter a zero.) tion January February March Total Cash Payments Direct Materials: Accounts Payable balance, January 1 January.Direct material purchases paid in February February-Direct material purchases paid in March Total payments for direct materials Libra i Data Table - projed Eted ca is for an inpl perty Ta Direct materials purchases January February March $ 3,500 $ 3,900 $ 4,900 3,200 3,400 4,000 Direct! bor costs 550 550 550 1 450 450 450 -paid Depreciation on plant Utilities for plant Property taxes on plant Depreciation on office Utilities for office 300 300 300 s paid 350 350 350 is 550 550 550 Property taxes on office 120 120 120 Office salaries 6,000 6,000 6,000 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 and 1 Print Done Graham 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 Graham for January, February, and March. Determine the balances in Prepaid Property Taxes Utilities Payable as of March 31. (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 materia urchases paid in February February-Direct material purchase paid in March Total payments for direct materials Direct Labor: Total payments for direct labor
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