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please answer both questions. thanks! Weller Company's budgeted unit sales for next year are provided below: The company's variable selling and administrative expense per unit
please answer both questions. thanks! Weller Company's budgeted unit sales for next year are provided below: The company's variable selling and administrative expense per unit is $2.50. Fixed selling and administrative expenses include advertising expenses of $8,000 per quarter, executive salaries of $35,000 per quarter, and depreciation of $20,000 per quarter. In addition, the company will make insurance payments of $5,000 in the first quarter and $5,000 in the third quarter. Finally. property toxes of $8,000 will be paid in the second quarter: Required: Prepare the company's selling and administrative expense budget for next yeat. Noter Round "Per Unit" answers to 2 decimal places. Garden Depot is a retailer that provided the following budgeted cash flows for next year: The company's beginning cash balance for next year will be $20,000. The company requires a minimum cash balance of $10,000 and may borrow money at the beginning of any quarter and may repay any part of its loans at the end of any quarter. Interest payments, based on a quarterly interest rate of 3%, are due on any principal at the time it is repaid. For simplicity, ossume interest is not compounded. Required: Prepare the company's cash budget for next year: Note: Repayments, interest, and cash deficiencies should be indicated by e minus sign
please answer both questions. thanks!
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