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Flexible Budget for Selling and Administrative Expenses Fuller Enterprises uses flexible budgets that are based on the following data: Advertising expense Customer support expense Office
Flexible Budget for Selling and Administrative Expenses Fuller Enterprises uses flexible budgets that are based on the following data: Advertising expense Customer support expense Office salaries expense Miscellaneous administrative expense Research and development expense 7% of sales 17% of sales $1,900 plus 3% of sales $13,000 per month $2,100 plus 2% of sales $1,350 per month Prepare a flexible selling and administrative expenses budget for July for sales volumes of $85,000, 105,000, and $130,000. (Use Exhibit 5 as a model.) Enter all amounts as positive numbers. FULLER ENTERPRISES Flexible Selling and Administrative Expenses Budget For the Month Ending July 31 Total sales Variable cost: $85,000 $105,000 $130,000 Sales commissions Advertising expense Customer support expense Total variable cost Fixed cost: Customer support expense Office salaries expense Research and development e Total fixed cost Total selling and administrative expenses Feedback
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