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Morningside Technologies Inc. uses flexible budgets that are based on the following data: Sales commissions 9% of sales 18% of sales Advertising expense Miscellaneous administrative
Morningside Technologies Inc. uses flexible budgets that are based on the following data: Sales commissions 9% of sales 18% of sales Advertising expense Miscellaneous administrative expense Office salaries expense $1,450 per month plus 3% of sales $14,000 per month $2,050 plus 4% of sales 4,500 per month Customer support expenses Research and development expense Prepare a flexible selling and administrative expenses budget for April for sales volumes of $90,000, $115,000, and $135,000. Enter all amounts as positive numbers. Morningside Technologies Inc. Flexible Selling and Administrative Expenses Budget For the Month Ending April 30 Total sales $90,000 $115,000 Variable cost: Sales commissions $135,000 Advertising expense Miscellaneous administrative expense Customer support expenses Total variable cost Fixed cost: Miscellaneous administrative expense $ Office salaries expense non om Customer support expenses Research and development expense Total fixed cost Total selling and administrative expenses
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