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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 Advertising expense Miscellaneous administrative expense Office salaries expense Customer support expenses Research and development expense 10% of sales 15% of sales $1,600 per month plus 2% of sales $15,000 per month $2,250 plus 3% of sales 4,000 per month Prepare a flexible selling and administrative expenses budget for April for sales volumes of $100,000,$125,000, and $150,000. Enter all amounts as positive 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 Prepare a flexible selling and administrative expenses budget for April for sales volumes of $100,000,$125,000, and $150,000. Enter all amounts as positive numbers. Morningside Technologies Inc. Flexible Selling and Administrative Expenses Budget For the Month Ending April 30 Total sales Variable cost: Sales commissions Advertising expense Miscellaneous administrative expense Customer support expenses Total variable cost Fixed cost: Miscellaneous administrative expense Office salaries expense Customer support expenses Research and development expense Total fixed cost Total selling and administrative expenses
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