Question
Question 19 Reference: 09-11 The International Company makes and sells only one product, Product SW. The company is in the process of preparing its Selling
Question 19
Reference: 09-11
The International Company makes and sells only one product, Product SW. The company is in the process of preparing its Selling and Administrative Expense Budget for the last half of the year. The following budget data are available:
Variable cost per unit soldMonthly fixed costSales commissions$0.70Shipping1.10Advertising0.20$14,000Executive salaries-34,000Depreciation on office equipment-11,000Other0.2519,000All expenses other than depreciation are paid in cash in the month they are incurred.
If the company has budgeted to sell 25,000 units of Product SW in July, what will be the total budgeted selling and administrative expenses for July?
Question 19 options:
A)
$78,000.
B)
$134,250.
C)
$123,250.
D)
$56,250.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started