Finch Company Began Its Operations on March 31 of the Current

question 110

Multiple Choice

Finch Company began its operations on March 31 of the current year. Finch has the following projected costs: *Of the manufacturing costs, three-fourths is paid for in the month they are incurred; one-fourth is paid in the
following month.**Insurance expense is $1,000 a month; however, the insurance is paid four times yearly in the first month of the
quarter (i.e., January, April, 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)$185,600
• B)$149,900
• C)$187,600
• D)$189,100

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Definitions:

Annette Lareau

An influential American sociologist known for her research on family life, social class, and educational inequality, particularly for her concept of "concerted cultivation."

Todd Risley

Todd Risley was an American psychologist who, along with Betty Hart, conducted influential research on early childhood language development and the profound impact of the quantity and quality of words children are exposed to.

Acting White

A term used to describe a scenario where minority individuals are perceived as adopting the cultural traits, behaviors, or interests associated with Caucasian people, often leading to accusations of betraying one's racial identity.

John Ogbu

An anthropologist known for his work on minority education in the United States, particularly regarding the concept of "voluntary" and "involuntary" minorities.