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Exercise 8-6 (Algo) Selling and Administrative Expense Budget [LO8-7] Weller Company's budgeted unit sales for the upcoming tiscal year are prowided below: The company's variable
Exercise 8-6 (Algo) Selling and Administrative Expense Budget [LO8-7] Weller Company's budgeted unit sales for the upcoming tiscal year are prowided below: The company's variable selling and administrative expense per unit is $3.30. Fixed selling and administrative expenses include advertising expenses of $11,000 per quarter, executive salaries of $53,000 per quarter, and depreclation of $33,000 per quarter. In addition, the company will make insurance payments of $4,000 in the first quarter and $4,000 in the thiro quarter. Finally. property texes of $7,200 will be paid in the second quarter. Required: Prepere the company's selling and edministrative expense budget for the upcoming liscal yeer. (Round "Per Unit" answers to 2 decimal places.-)
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