D sjc.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do Ch 22-4 Test emai

Question

D sjc.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do Ch 22-4 Test emaining: 1.08:08 Save Subrmit Test for Grading ons b Multiple Choice 22-071 Algorithmic Question 4 of 19 Kidder Company began its operations on March 31 of the current year. Projected manefacturing costs for the first three months of business are $158.a28 $192.336, and $213.693 respective y for April. May and June. Do recation insurance, and property taxes represent SS a28 of the estimate t r ma duringcot·he rance as paid on S are as aid property taxes will be paid in Novenmber. Three-fourths of the remainder of the manufacturing costs ake expected to be paid in the month in which they are incurred, with the balance to be paid Oin the following mouth What are the cash payments for manufacturing in the month of June? Seleet the correct aner $158,581 5183,126 $158.zz 599,750

Explanation / Answer

Ans 183126

Workings

Details April May Jun Projected Manufacturing Cost 1,58,228.00 1,92,336.00 2,13,693.00 Less Depreciation,Insurance and Property Tax -25228 -25228 -25228 Cash Manufacturing Cost 1,33,000.00 1,67,108.00 1,88,465.00 Current month -3/4of current month expense 1,41,348.75 Previous month-1/4 of previous month      41,777.00        1,83,126

Related Questions

Navigate

• Browse (All)
• Browse D
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.