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Question 1 of 7 View Policies -/15 1 Current Attempt in Progress Kirkland Company combines its operating expenses for budget purposes in a selling
Question 1 of 7 View Policies -/15 1 Current Attempt in Progress Kirkland Company combines its operating expenses for budget purposes in a selling and administrative expense budget. For the first 6 months of 2020, the following data are available. 1. Sales: 20.500 units quarter 1: 22.200 units quarter 2. 2. Variable costs per dollar of sales: sales commissions 5%, delivery expense 2%, and advertising 3% Fixed costs per quarter: sales salaries $10,500, office salaries $6.250, depreciation $4,340, insurance $2.000, utilities $860, and repairs expense $690. 4 Unit selling price: $24. Prepare a selling and administrative expense budget by quarters for the first 6 months of 2020. (List variable expenses before foed expense.) KIRKLAND COMPANY Selling and Administrative Expense Budget 12 Prepare a selling and administrative expense budget by quarters for the first 6 months of 2020. (List variable expenses before fixed KIRKLAND COMPANY Selling and Administrative Expense Budget > Quarter Six Months
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