The budget director for rundle cleaning services prepared the following list of expected selling and administrative expenses. all expenses requiring cash payments are paid for in the month incurred except salary expense and insurance. salary is paid in the month following the month in which it is incurred. the insurance premium for six months is paid on october 1. october is the first month of operations; accordingly, there are no beginning account balances. required complete the schedule of cash payments for s& a expenses by filling in the missing amounts. determine the amount of salaries payable the company will report on its pro forma balance sheet at the end of the fourth quarter. determine the amount of prepaid insurance the company will report on its pro forma balance sheet at the end of the fourth quarter.

Xyz corporation has provided the following data concerning manufacturing overhead for july: actual manufacturing overhead incurred $ 69,000 manufacturing overhead applied to work in process $ 79,000 the company's cost of goods sold was $243,000 prior to closing out its manufacturing overhead account. the company closes out its manufacturing overhead account to cost of goods sold. which of the following statements is true? multiple choice manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000