Prepare the operating expenses ( Marketing, adminstration, and financial expesnes) budget for three months ending 31 March.

DLE CSUF Portal ering 2001 moo AM Self-test problem 3.5 Refer to Self-test problem 3.1. Rundle Ltd provides you with the following information relating to estimated expenses. Expense details Sales representatives' salaries Cartage outwards Advertising General salaries and wages Audit fees Payroll on-costs (treated as an administration expense) Rent Depreciation Telephone Stationery Interest on loan $72 000 pa apportioned equally each month 5% of sales 3% of sales $144 000 pa apportioned equally each month $2 400 pa apportioned equally each month 15% of total payroll $43 200 pa apportioned equally each month $27 600 pa apportioned equally each month $1 800 pa apportioned equally each month $1 800 pa apportioned equally each month January--$830 February-$820 March-5810 $720 pa apportioned equally each month Bank charges Rundle Ltd has estimated sales for January to April as: $ January February March April 150 000 180 000 120.000 165 000 The mark up on cost is 50% and management requires that opening stock be 90% of sales (at cost) each month