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Finch Compary began its operations on March 31 of the current year, Finch has the...

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Accounting

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Finch Compary began its operations on March 31 of the current year, Finch has the following projected costs: *Of the manufacturing costs, three-fourths are paid for in the month they are incurred; one-fourth is paid in the following month. - "Insurance expense is $1,070 a month; however, the insurance is paid four times yearly in the first month of the quorter, (i,e;, January, Apri, July, and October). * "Property tax is paid once a year in November. The cash payments expected for Finch Company in the month of May are a. 5147375 b) 539,050 c. 5226675 d $137,025

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