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Under Variable Expenses: Commissions Expense, Cost of Goods Sold, Depreciation Expense, Ending Inventory, Insurance Expense, Miscellaneous Expense, Purchases, Rent Expense, Salaries Expense, Sales

Under Fixed Expenses: Commissions Expense, Cost of Goods Sold, Depreciation Expense, Ending Inventory, Insurance Expense, Miscellaneous Expense, Purchases, Rent Expense, Salaries Expense, Sales

. X fi Reference Rerere Slattery, Inc. Sales Budget Nine Months Ended September 30, 2018 Quarter Ended Nine-Month March 31 June 30 September 30 Total $ 48,000 $ 68,000 $ 58,000 $ 174,000 72,000 102,000 87,000 261,000 $ 120,000 $ 170,000 $ 145,000 $ 435,000 Cash sales, 40% Credit sales, 60% Total sales Slattery, Inc. Inventory, Purchases, and Cost of Goods Sold Budget Nine Months Ended September 30, 2018 Quarter Ended Quarter Ended Quarter Ended | Nine-Month March 31 June 30 September 30 Total $174,000 Cost of goods sold Plus: Desired ending merchandise inventory Total merchandise inventory required $48,000 $31,800 $68,000 $30,800 $58,000 $33,800 $79,800 $17,000 $98,800 $31,800 $91,800 $30,800 Loss Domini barobaodica inatown Print Done Data Table - X Rent, $2,500 per month Salaries, $2,500 per month Commissions, 3% of sales Depreciation, $1,800 per month Miscellaneous expenses, 2% of sales Slattery, Inc., sells tire rims. Its sales budget and inventory, purchases, and cost of goods sold budget for the nine months ended September 30, 2018, follow (Click the icon to view the sales budget and inventory, purchases, and cost of goods sold budget.) Slattery's selling and administrative expenses include the following: (Click the icon to view the expenses.) Prepare a selling and administrative expense budget for each of the three quarters of 2018 and totals for the nine-month period. Slattery, Inc. Selling and Administrative Expense Budget Nine Months Ended September 30, 2018 Quarter Quarter Ended Ended March 31 June 30 Quarter Ended September 30 Nine-month Total Variable expenses: Total variable expenses Fixed expenses: Total fixed expenses Total selling and administrative expenses