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Morrish Company incurs $1.80 per unit of variable selling and administrative expense and $102,950 per month in fixed selling and administrative expense. Of the fixed
Morrish Company incurs $1.80 per unit of variable selling and administrative expense and $102,950 per month in fixed selling and administrative expense. Of the fixed expense, $19,880 relates to depreciation each month. Morrish produced and sold 7,000 units in February and 6,000 units in March. 80% of a months expense is paid for in the month incurred, and the other 20% is paid in the following month. How much would be the March cash disbursements for selling and administrative expense? (Answer: 94,230)
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