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The amount of cash paid for S&A expenses during the month of November is: Multiple Choice O $141,200 O $127,000 O $131,700 O $134,200 Budgeted
The amount of cash paid for S&A expenses during the month of November is:
Multiple Choice
O $141,200
O $127,000
O $131,700
O $134,200
Budgeted S&A Expenses Salary Expense Sales Commissions 5% of Sales Insurance Expense Rent Depreciation on equipment Utilities Total Operating Expenses Schedule of Cash Payments for S&A Expenses Salary Expense 100% of Prior Month Sales Commissions Insurance Expense Rent 100% of Prior Months Utilities Expense Total Payments for S&A Expenses October November December 50,000 50,500 25,000 25,500 22,000 22,000 26,400 26,400 26,400 31,500 31,500 31,500 3,100 3,300 3,500 158,000 159,200 159,700 ? 25,100 50,500 ? 22,000 22,000 ? ? 3,200 ? ? 51,000 25,300 22,000 ? ? ? 22,000 26,400 ? ?
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