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Bramble Company combines its operating expenses for budget purposes in a selling and administrative expense budget. For the first 6 months of 2022, the following
Bramble Company combines its operating expenses for budget purposes in a selling and administrative expense budget. For the first 6 months of 2022, the following data are available. 1. Sales: 24,400 units quarter 1; 26,840 units quarter 2. 2. Variable costs per dollar of sales: sales commissions 5%, delivery expense 2%, and advertising 3%. 3. Fixed costs per quarter: sales salaries $14,640, office salaries $9,760, depreciation $5,040, insurance $1,830, utilities $1,060, and repairs expense $610. 4. Unit selling price: $20. Prepare a selling and administrative expense budget by quarters for the first 6 months of 2022. (List variable expenses before fixed expense.) BRAMBLE COMPANY Selling and Administrative Expense Budget Quarter 1 2 Six Months A $ > > >
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