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Based on the following S&A expenses budgeted for October, prepare a S&A expenses budget for October, November and December. Sales Commission (10% increase per month)
Based on the following S&A expenses budgeted for October, prepare a S&A expenses budget for October, November and December. Sales Commission (10% increase per month) Supplies expense (10% increase per month) Utilities (fixed) Depreciation on store equipment (fixed) Salary expense (fixed) Rent (fixed) Miscellaneous (fixed) $7,200 $1,800 $2,200 $1,600 $34,000 $6,000 $1,000 Cash payments for sales commissions and utilities are made in the month following the one in which the expense is incurred. Supplies and other operating expenses are paid in cash in the month in which they are incurred
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