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Pico, SRL is developing its selling and administration expenses budget for March. Monthly fixed selling and administrative expenses are $417,000 per month, most of which
Pico, SRL is developing its selling and administration expenses budget for March. Monthly fixed selling and administrative expenses are $417,000 per month, most of which represents current cash flows, but of which $12,510 is depreciation. Budgeted sales in units is 4,000 and the variable selling and administrative expense per unit sold is $2, all of which is current cash outflows. On the March selling and administrative expense budget, what should the cash disbursements for selling and administrative expenses be? $
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