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Sheridan Company makes and sells widgets. The company is in the process of preparing its selling and administrative expense budget for the month. The following
Sheridan Company makes and sells widgets. The company is in the process of preparing its selling and administrative expense budget for the month. The following budget data are available: Item Sales commissions Shipping Advertising Executive salaries Depreciation on office equipment Other Unit Variable Cost $1 $3 $4 O $800000 O $1242000 O $442000 O $1232000 $2 Monthly Fixed Cost $10000 $420000 $5000 $7000 Expenses are paid in the month incurred. If the company has budgeted to sell 80000 widgets in October, what are the total budgeted selling and administrative expenses for October?
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