Exi Sales & CHAPTER 3 . OPERATING BUDGETS FOR MERCHANDISING AND SERVICE ORGANISATIONS 3.9 Refer to Question 3.4. Fisher Wholesalers provides you with estimated expense details as follows: Expense details July 44,000 Audit fistrative wages and salaries Bad debts Aug 453,600 Bank changes Sep. Credit department staff wages $470,400 Depreciation (straight line method) Motor vehicles Office equipment $432 000 pa apportioned equally each month $12 000 pa apportioned equally each month 1% of sales $3 840 pa apportioned equally each month $78 000 pa apportioned equally each month 20% pa on $150 000 15% pa on $100 000 Warehouse fixtures and equipment 15% pa on $130 000 Labour on-costs Rent Sales commissions Salespersons' wages Telephone and stationery 16% of payroll-to be allocated to each expense classification $86 400 pa apportioned equally each month 5% of sales $288 000 pa apportioned equally each month $18 000 pa apportioned equally each month Required Prepare a marketing expenses budget for the three months ending 30 September. 2. 10 n