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Flexible Budget for Selling and Administrative Expenses for a Service Company Morningside Technologies Inc uses flexible budgets that are based on the following data Sales
Flexible Budget for Selling and Administrative Expenses for a Service Company Morningside Technologies Inc uses flexible budgets that are based on the following data Sales commissions 10% of sales Advertising expense 25% of sales Miscellaneous administrative expense $1,600 per month plus 1% of sales Office salaries expense $15,000 per month Customer support expenses $2,250 plus 2 of sales Research and development expense 3,000 per month Prepare a exible selling and administrative expenses budget for April for sales volumes of $100,000, $125,000, and $150,000. Enter all amounts as posice numbers Morningside Technologies Inc. Flexible Selling and Administrative Expenses Budget For the Month Ending April 30 Total sales $100,000 $125,000 $150,000 Variable cost Sales commissions Advertising expense Miscellaneous administrative expense Customer support expenses Total variable cost Fixed cost Miscellaneous administrative expense Office salaries expense Check My Work Previous Next DUUN $1,600 per month plus 1% of sales $15,000 per month Miscellaneous administrative expense Office salaries expense Customer support expenses Research and development expense $2,250 plus 2% of sales 3,000 per month
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