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Sales Cost of goods sold Utilities expense for administration building Administrative salaries Sales commissions Advertising Depreciation on store equipment Rent on administration building Miscellaneous administrative
Sales Cost of goods sold Utilities expense for administration building Administrative salaries Sales commissions Advertising Depreciation on store equipment Rent on administration building Miscellaneous administrative expenses $ 430,000 270,000 1,400 50,000 5 % of Sales 10,000 25,000 30,000 5,000 All operating expenses are paid in cash in the month incurred. Compute the total budgeted selling and administrative expenses (excluding interest) amount for April Year 2
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