Incremental Budget Wood County uses an incremental approach to budgeting. The current year cash budget for the Wood County Department of Motor Vehicles is presented as follows:

Supplies	$27,000
Temporary and seasonal wages	41,400
Wages of full-time employees	333,000
Supervisor salaries	84,600
Rent	39,000
Insurance	21,000
Utilities	23,000
Miscellaneous	19,800
Contingencies and equipment	63,000
Total	$651,800

Required Prepare an incremental cash budget for next year assuming the planned total budget increase is 2.5 percent. Budget details include a budget increment for salaries and wages of 4 percent, no change in rent, and 2 percent increases in the budget for supplies and miscellaneous. Utility companies have received approvals for rate increases amounting to 4 percent and insurance companies have announced an increase in premiums of 6 percent. (Hint: The Contingencies and equipment budget is a plug.)

Wood County Department of Motor Vehicles
Incremental Budget
For Next Year
Supplies		Answer
Temporary and seasonal wages		Answer
Wages of full-time employees		Answer
Supervisor salaries		Answer
Rent		Answer
Insurance		Answer
Utilities		Answer
Miscellaneous		Answer
Contingencies and equipment		Answer
Total		Answer