e22-32

please show your work

E22-32 (similar to) Queston Help Slatery, Inc, sels tfire rims ssales budget and inventory, purchases, and cost of goods sold budget for the nine months ended Septomber 30, 2018 follow Cick the lcon to view the sales budget and inventary parchases, and cost of goods sold budget) Satery's selling and administrative expenses include the follouing mcck he lcon to ew he expensesi Prepare a seling and adninistrative expense budget for each of the three quaters of 2018 and toas for the nne-menm perod Slatery, Inc Selling and Administeative Expense Budget Nine Months Ended September 30, 2018 Data Table Qater Querter Qsarter Nine month Ended Ended Ended March 31 June 3 September 30 Total Rent, $3.200 pr nonth Viable eapenses Salales, $2000 per mon Commissions, $% of sales Depeciation $.200 per o Miscelianeous expenges, 1% of sseles Total valale expenses Fleed eapenses Prist Doner Choose from any ist or enter any number in the isput Seads and then click Check Amswer Al parts showing Clear All Check Answer Slattery, Inc. Sales Budget Nine Months Ended September 30, 2018 Quarter Ended Nine-Month March 31 September 30 June 30 Total 41,000 $ 164,000 36,000 S 31,000 $ Cash sales, 20% 108,000 124,000 144,000 432,000 Credit sales, 80% 180,000 $ 155,000 $ 205,000 $ 540,000 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 June 30 March 31 September 30 Total $216,000 $62,000 $82,000 Cost of goods sold $72,000 $25,200 $23,200 $22,200 Plus: Desired ending merchandise inventory $97,200 Total merchandise inventory required $85,200 $104,200 $16,000 $23,200 $22,200 Less: Beginning merchandise inventory $69,200 $81,000 $75,000 Budgeted purchases X i Data Table Rent, $3,200 per month Salaries, $2,000 per month Commissions, 5% of sales Depreciation, $1,200 per month Miscellaneous expenses, 1% of sales Print Done E22-32 (similar to) EQuestion Help Sattery, Inc. sells tre rime its sales budget and incentory, purchases, and ooet af goods sold budget fer the nine months ended September 30, 2018, flow (Ck heicon to vow the sales budget and invatory. purchasos, and cost af goods sold budpet) Stery's selling and administratve espenses indlude the folowing Cck the leon te vire the epemse Prpare a saling and adninistruda apense budgut for each of the trea quanes ef 2011 and totals for the rine month paod Slattery, Inc. Selling and Administrative Expense Bedget Data Tatle Nine Mosths Endud Septumber 30, 201 Quarter Quarter Qater Rent, $3200 per mont Ended Eaded Fadud Nieo mooth March 31 June 30 September 3 Total Salaries. $2.00 per menthe Connisions, M% ofsales Veib xpenses Deprecistion, $1200 p mo Macllanous aoses, 1% of sales Tatal valable aspansas Prnt Fed expenses Done Choose from any int or ener any namber in the input Seds and then cicx Check Arwer Al parts showing Cear A Check Anwer