Administration cost (all fixed)

Accounting/Finance Human Resources Information Technology Legal & Corporate Affairs

$60,000 per month $30,000 per month $45,000 per month $10,000 per month

Roughly 75% of these expenses are paid for in the month incurred and 25% in the following month. There is no outstanding payment for administrative costs expected for December 31, 2023.

Compute an Administrative expense budget