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Exercise 9-12 Kirkland Company combines its operating expenses for budget purposes in a selling and administrative expense budget. For the first 6 months of 2020,
Exercise 9-12 Kirkland Company combines its operating expenses for budget purposes in a selling and administrative expense budget. For the first 6 months of 2020, the following data are available. 1. 2. 3. 4. Sales: 20,200 units quarter 1; 22,200 units quarter 2 variable costs per dollar of sales: sales commissions 596, delivery expense 296, and advertising 390 Fixed costs per quarter: sales salaries $10,600, office salaries $6,370, depreciation $4,580, insurance $1,630, utilities $840, and repairs expense $650 Unit selling price: $24
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