Question 5

The following information pertains to the January operating budget for ABC Corporation:

Budgeted sales are $210,000 for January

Collections of sales are 40% in the month of sale and 60% the next month

Cost of goods sold averages 66% of sales

Merchandise purchases total $159,000 in January

Marketing costs are $3,600 each month

Distribution costs are $5,300 each month

Administrative costs are $10,100 each month

For January, the amount budgeted for the nonmanufacturing costs budget is:

Instructions: Input your answer without using a dollar sign, comma or cents. For example, if your answer is 10000, input your answer as 10000 (and NOT $10000, or $10,000 or 10,000.00 or $10,000.00)