Question
The budgeted unit sales of Weller Company for the upcoming fiscal year are provided below: 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Budgeted unit
| The budgeted unit sales of Weller Company for the upcoming fiscal year are provided below: |
| 1st Quarter | 2nd Quarter | 3rd Quarter | 4th Quarter | |
| Budgeted unit sales | 32,000 | 34,000 | 25,000 | 30,000 |
| The companys variable selling and administrative expense per unit is $3.10. Fixed selling and administrative expenses include advertising expenses of $9,000 per quarter, executive salaries of $50,000 per quarter, and depreciation of $31,000 per quarter. In addition, the company will make insurance payments of $4,000 in the first quarter and $4,000 in the third quarter. Finally, property taxes of $8,000 will be paid in the second quarter. |
| Prepare the companys selling and administrative expense budget for the upcoming fiscal year. (Round "Variable cost" answers to 2 decimal places.)
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