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Lahay Inc. bases its selling and administrative expense budget on the number of units sold. The variable selling and administrative expense is $4.80 per unit.
Lahay Inc. bases its selling and administrative expense budget on the number of units sold. The variable selling and administrative expense is $4.80 per unit. The budgeted fixed selling and administrative expense is $30,180 per month, which includes depreciation of $3,450. The remainder of the fixed selling and administrative expense represents current cash flows. The sales budget shows 3,700 units are planned to be sold in November. |
Required: |
Prepare the selling and administrative expense budget for November. (Omit the "$" sign in your response.) |
Cash disbursement for selling and administrative expenses | $ |
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