omework 1 ABC Company's budgeted sales for June, July, and August are 14,000, 18,000, and 16,000 units respectively. The following cost behavior patterns are budgeted for ABC Company's operating expenses each month: Fixed costs: salaries, $3,000; rent, $6,000; depreciation, $3,400; advertising, $4,200 Mixed costs: utilities, $4,000+ $0.40 per unit Variable costs per unit sold: sales commissions, $3.00; marketing promotions, $2.00; supplies, $0.70; bad debt expense, $0.45 Required: Prepare ABC Company's operating expense budget for June, July, and August. Variable operating expenses: Sales commissions Marketing promotions Supplies Bad debts expense Utilities Total variable expense Fixed operating expenses Salaries Rent Depreciation Advertising Utilities Total fixed expense Saved June July August

ABC Company's budgeted sales for June, July, and August are 14,000,18,000, and 16,000 units respectively. The following cost behavior patterns are budgeted for ABC Company's operating expenses each month: Fixed costs: salaries, $3,000; rent, $6,000; depreciation, $3,400; advertising, $4,200 Mixed costs: utilities, $4,000+$0.40 per unit Variable costs per unit sold: sales commissions, $3.00; marketing promotions, $2.00; supplies, $0.70; bad debt expense, $0.45 Required: Prepare ABC Company's operating expense budget for June, July, and August. Required: Prepare ABC Company's operating expense budget for June, July, and August