{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-09T15:43:32-04:00", "answer_date": "2024-06-09 15:43:32", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "2522941", "url": "\/study-help\/questions\/qs-2-0-1-6-static-selling-2522941", "question_creation_date_js": "2024-06-09T15:43:32-04:00", "question_creation_date": "Jun 09, 2024 03:43 PM", "meta_title": "[Solved] QS 2 0 - 1 6 ( Static ) Selling expense b | SolutionInn", "meta_description": "Answer of - QS 2 0 - 1 6 ( Static ) Selling expense budget LO P 1 X - Tel budgets sales of $ 6 0 , 0 0 0 for April, $ 1 0 0 , 0 0 | SolutionInn", "meta_keywords": "qs,2,-,1,6,static,selling,expense,budget,lo,x,tel", "question_title_h1": "QS 2 0 - 1 6 ( Static ) Selling expense budget LO P 1 X - Tel budgets sales of $ 6 0 ,", "question_title": "QS 2 0 - 1 6 ( Static ) Selling expense budget", "question_title_for_js_snippet": "QS 2 0 1 6 ( Static ) Selling expense budget LO P 1 X Tel budgets sales of $ 6 0 , 0 0 0 for April, $ 1 0 0 , 0 0 0 for May, and $ 8 0 , 0 0 0 for June Sales commissions are 1 0 of sales dollars and the company pays a sales manager a salary of $ 6 , 0 0 0 per month Sales commissions and salaries are paid in the month incurred Prepare a selling expense budget for April, May, and June table X TEL , , April,May,June , Sudgeted sales,,, , , , , , Sales commissions,,, , , , , , , , , , , , , ", "question_description": "\"image
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QS <\/span>2<\/mn>0<\/mn>-<\/mo>1<\/mn>6<\/mn><\/mtext>(<\/mi><\/mrow><\/math>Static<\/span>)<\/mi><\/mrow><\/math> Selling expense budget LO P<\/span>1<\/mn><\/mrow><\/math> <\/div>
X<\/span>-<\/mo><\/mrow><\/math>Tel budgets sales of $<\/span>6<\/mn>0<\/mn>,<\/mo>0<\/mn>0<\/mn>0<\/mn><\/mrow><\/math> for April, $<\/span>1<\/mn>0<\/mn>0<\/mn>,<\/mo>0<\/mn>0<\/mn>0<\/mn><\/mrow><\/math> for May, and $<\/span>8<\/mn>0<\/mn>,<\/mo>0<\/mn>0<\/mn>0<\/mn><\/mrow><\/math> for June.<\/span> <\/div>
Sales commissions are <\/span>1<\/mn>0<\/mn>%<\/mo><\/mrow><\/math> of sales dollars and the company pays a sales manager a salary of $<\/span>6<\/mn>,<\/mo>0<\/mn>0<\/mn>0<\/mn><\/mrow><\/math> per month. Sales commissions and salaries are paid in the month incurred.<\/span> <\/div>
Prepare a selling expense budget for April, May, and June.<\/span><\/div>
\\<\/mi><\/mrow><\/math>table<\/span>[<\/mi>[<\/mi><\/mrow><\/math>X<\/span>-<\/mo><\/mrow><\/math>TEL<\/span>]<\/mi>,<\/mo>[<\/mi>,<\/mo><\/mrow><\/math>April,May,June<\/span>]<\/mi>,<\/mo>[<\/mi><\/mrow><\/math>Sudgeted sales,,,<\/span>]<\/mi>,<\/mo>[<\/mi>,<\/mo>,<\/mo>,<\/mo>]<\/mi>,<\/mo>[<\/mi><\/mrow><\/math>Sales commissions,,,<\/span>]<\/mi>,<\/mo>[<\/mi>,<\/mo>,<\/mo>,<\/mo>]<\/mi>,<\/mo>[<\/mi>,<\/mo>,<\/mo>,<\/mo>]<\/mi>,<\/mo>[<\/mi>,<\/mo>,<\/mo>,<\/mo>]<\/mi>]<\/mi><\/mrow><\/math> <\/div><\/span> <\/div><\/div> \"image", "transcribed_text": "", "related_book": { "title": "Intermediate Accounting", "isbn": "978-0470613474, 470613475, 978-0470616314", "edition": "IFRS edition volume 2", "authors": "Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/255.jpg", "uri": "\/textbooks\/intermediate-accounting-ifrs-edition-volume-2-255", "see_more_uri": "" }, "free_related_book": { "isbn": "0063240521", "uri": "\/textbooks\/moorewood-family-rules-a-novel-1st-edition-978-0063240520-112081", "name": "Moorewood Family Rules A Novel", "edition": "1st Edition" }, "question_posted": "2024-06-09 15:43:32", "see_more_questions_link": "\/study-help\/questions\/business-banking-2021-September-12", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/what-is-the-objective-of-most-businesses", "description": "What is the objective of most businesses? 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