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Administrative Expense Budget for next year. The following budget data are available: Monthly Fixed Cost Variable Cost Per Deb Sold Sales commissions $ 0.90 Shipping
Administrative Expense Budget for next year. The following budget data are available:
Monthly Fixed Cost | Variable Cost Per Deb Sold | ||||
Sales commissions | $ | 0.90 | |||
Shipping | $ | 1.40 | |||
Advertising | $ | 50,000 | $ | 0.20 | |
Executive salaries | $ | 60,000 | |||
Depreciation on office equipment | $ | 20,000 | |||
Other | $ | 40,000 | |||
All of these expenses (except depreciation) are paid in cash in the month they are incurred.
If the company has budgeted to sell 17,000 Debs in March, then the average budgeted selling and administrative expenses per unit sold for March is closest to: (Round your intermediate calculations to 2 decimal places.)
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