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During the first quarter of 2022, Cathrine's Candy Company sales budget consists of $95,000 in January, $99,000 in February and $105,000 in March. Additionally, budgeted
During the first quarter of 2022, Cathrine's Candy Company sales budget consists of $95,000 in January, $99,000 in February and $105,000 in March. Additionally, budgeted operating expenses include the following: Rent, $2,500 per month Salary, $4,000 per month Commissions: 2% of sales Depreciation, $1,500 per month Miscellaneous expense, 1% of sales Requirement Prepare an operating expenses budget for the first Quarter of 2022: K
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