October November December 10,500 Budgeted S&A Expenses Salary Expense Sales Commissions 5% of Sales Insurance Expense Rent 11,000 5,300 2,000 10,000 5,000 2,000 2,400 1,500 1,100 22,000 5,500 2,000 2,400 1,500 1,300 23,200 Depreciation on equipment 2,400 1,500 1,500 Utilities 23,700 ? 10,500 Total Operating Expenses Schedule of Cash Payments for S&A Expenses Salary Expense 100% of Prior Month Sales Commissions Insurance Expense Rent 100% of Prior Months Utilities Expense 5,100 2,000 2,000 2,000 2,400 1,200 Total Payments for S&A Expenses