Question
Namaste, Inc. is a manufacturer of self improvement products. For the upcoming quarter the budgeted sales revenue is $720,000. The sales price is expected to
Namaste, Inc. is a manufacturer of self improvement products. For the upcoming quarter the budgeted sales revenue is $720,000. The sales price is expected to be $20 per unit. For the preparation of its Selling, General, and Administrative Budget for the upcoming quarter, the following additional information was compiled:
Sales Commissions . . . | $2.50 per unit sold |
Sales and Office Salaries . . . | $40,000 per month |
Office Rent . . . | $3,000 per month |
Office Related Depreciation . . . | $800 per month |
Office Utilities . . . | $500 per month plus $0.50 for each unit sold |
No timing differences exist between when the cash expenses are paid and when they are incurred.
The budgeted Selling, General, and Administrative cash outflows for the upcoming quarter are$_____.
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