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Question Help Slattery, Inc., sells tire rims. Its sales budget and inventory, purchases, and cost of Slattery's selling and administrative expenses include the following: goods
Question Help Slattery, Inc., sells tire rims. Its sales budget and inventory, purchases, and cost of Slattery's selling and administrative expenses include the following: goods sold budget for the nine months ended September 30, 2024, follow: (Click the icon to view the expenses.) (Click the icon to view the sales budget and inventory, purchases, and cost of goods sold budget.) Prepare a selling and administrative expense budget for each of the three quarters of 2024 and totals for the nine-month period. Apuro wuuy Nine Months Ended September 30, 2024 Quarter Quarter Quarter Ended Ended Ended Nine-month March 31 June 30 September 30 Total my RUE Variable expenses: Data Table Total variable expenses Fixed expenses: Rent, $3,200 per month Salaries, $1,500 per month Commissions, 4% of sales Depreciation, $1,800 per month Miscellaneous expenses, 2% of sales Total fixed expenses Total selling and administrative expenses Print Done Choose from any list or enter any number in the input fields and then continue to the next question. - X Reference Slattery, Inc. Sales Budget Nine Months Ended September 30, 2024 Quarter Ended Nine-Month March 31 June 30 September 30 Total $ 23,000 $ 33,000 $ 28,000 $ 84,000 92,000 132,000 112,000 336,000 $ 115,000 $ 165,000 $ 140,000 $ 420,000 : sales, 20% Credit sales, 80% Total sales Slattery, Inc. Inventory, Purchases, and Cost of Goods Sold Budget Nine Months Ended September 30, 2024 Quarter Ended Quarter Ended Quarter Ended March 31 June 30 September 30 Nine-Month Total $168,000 Cost of goods sold Plus: Desired ending merchandise inventory $46,000 $16,600 $66,000 $15,600 $56,000 $18,600 Print Done
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