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please help The Panza Company makes and sells only one product called a Deb. The company is in the preparing its Selling and Administrative Expense
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The Panza Company makes and sells only one product called a Deb. The company is in the preparing its Selling and Administrative Expense Budget for next year. The following budget data are available: Variable Cost Per Deb Sold $0.75 $1.50 Monthly Fixed Cost Sales commissions Shipping Advertisin Executive salaries. Depreciation on office equipmen $30,000 0.20 $15,000 Sales salaries.... $17,000 Use the information above from Panza Co. to answer the next 2 questions. If the company has budgeted to sell 15,000 Debs in January, then the total budgeted variabl selling and administrative expenses for January will be: A) $33,750 B) $23,400 C) $37,900 1. D) S36,750 2. If the company has budgeted to sell 16,000 Debs in February, then the total budgeted fix selling and administrative expenses for February is: A) $36,000 B) $77,000 C) $62,000 D) $87,000 Step by Step Solution
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