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The following budget information is available for the Dogwood Company for January Year 2: Sales $25,000 Salaries 3,000 Advertising 6,000 Depreciation 2,000 Rent 5,000 Sales
The following budget information is available for the Dogwood Company for January Year 2:
Sales | $25,000 |
Salaries | 3,000 |
Advertising | 6,000 |
Depreciation | 2,000 |
Rent | 5,000 |
Sales commission | 4% of sales |
All operating expenses are paid in cash in the month incurred. Compute total budgeted cash payments for selling and administrative expenses January Year 2.
$17,000
$41,000
$16,000
$15,000
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