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The column that is kind of cut off on the right is for six months. Bramble Company combines its operating expenses for budget purposes in
The column that is kind of cut off on the right is for six months.
Bramble Company combines its operating expenses for budget purposes in a selling and administrative expense budget. For the first 6 months of 2022, the following data are available. 1. Sales: 19.200 units quarter 1; 21,120 units quarter 2. 2. Variable costs per dollar of sales: sales commissions 5%, delivery expense 2%, and advertising 3%. 3. Fixed costs per quarter: sales salaries $11,520, office salaries $7,680, depreciation $4.000, insurance $1,440, utilities $800, and repairs expense $480. 4. Unit selling price: $20. Prepare a selling and administrative expense budget by quarters for the first 6 months of 2022. (List variable expenses before fixed expense.) BRAMBLE COMPANY Selling and Administrative Expense Budget For the Six Months Ending June 30.2022 Quarter 1 2 Six M Budgeted Sales in Units 19200 21120 Variable Expenses Sales Commissions $ Delivery Expense Advertising Total Variable Expenses Fixed Expenses Sales Salaries Office Salaries Depreciation Insurance Utilities Repairs Expense Total Fixed Expenses > Total Selling and Administrative ExpensesStep by Step Solution
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