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Namaste, Inc. is a manufacturer of self improvement products. For the upcoming quarter the budgeted sales revenue is $710,000. The sales price is expected to
Namaste, Inc. is a manufacturer of self improvement products. For the upcoming quarter the budgeted sales revenue is $710,000. The sales price is expected to be$20 per unit. For the preparation of itsSelling, General, and Administrative Budget for the upcomingquarter, the following additional information wascompiled:
Sales Commissions . . . | $2.50 per unit sold |
Sales and Office Salaries . . . | $40,000 per month |
Office Rent . . . | $2,000 per month |
Office Related Depreciation . . . | $800 per month |
Office Utilities . . . | $500 per month plus$0.50 for each unit sold |
Assume all cash expenses are paid when incurred.
The budgetedSelling, General, and Administrative cash outflows for the upcoming quarter are ________. (round to the nearest dollar and use commas whereappropriate)
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