Bates & Hill Fabricators produces commemorative bricks that organizations use for fundraising projects. Aaron Bates, the company's vice president of marketing and has prepared the following sales forecast for the first six months of the coming year. The company plans to sell the bricks for $9 each.

Exercise 5-9 10/10/16, 19(46 Exercise 5-9 Your answer is partially correct. Try again. Bates & Hill Fabricators produces commemorative bricks that organizations use for fundraising projects. Aaron Bates, the company's vice president of marketing and has prepared the following sales forecast for the first six months of the coming year. The company plans to sell the bricks for $9 each. January February March April May June 12,200 23,790 21,350 29,000 23,000 20,000 Bates & Hill Fabricators' marketing department has identified the following monthly expenses that will be needed to support the company's sales and administrative functions. Depreciation Sales staff salaries Advertising $6,100 $15,250 $610 Executive salaries Miscellaneous $6,100 $305 In addition to these monthly expenses, the company will pay a commission to its sales people equal to 3% of the sales revenue from each brick sold. The company expects bad debt expense to be 2% of sales revenue. Prepare Bates & Hill's selling and administrative expense budget for the first quarter of the coming year. (Round answers to 0 decimal places, e.g. 5,275.) January February March Quarter Budgeted Expenses $ $ $ $ $ $ $ $ $ $ $ $ Bad Debt Expense Depreciation Sales Staff Salaries Advertising Executive Salaries Miscellaneous Commission Total Budgeted Expenses Less : Non-Cash Expenses Depreciation Bad Debt Expense Total Cash Costs https://edugen.wileyplus.com/edugen/shared/assignment/test/qview.u...75entrance1&selected_question=quest3490775&operation=take-question Page 1 of 2