Question
The following information is available for Pioneer Company Sales price per unit is $90. November and December, sales were budgeted at 3,040 and 3,510
The following information is available for Pioneer Company Sales price per unit is $90. November and December, sales were budgeted at 3,040 and 3,510 units, respectively. Variable costs are 10 percent of sales (5 percent commission, 3 percent advertising, 2 percent shipping) - Fixed costs per month are sales salaries, $4,100; office salaries, $2,700, depreciation, $2100; building rent, $3.100, insurance, $1,400, and utilities, $800. Required: Determine Pioneer's budgeted selling and administrative expenses for November and December November December Total Budgeted Selling and Administrative Expenses
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Intermediate Accounting principles and analysis
Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso
2nd Edition
471737933, 978-0471737933
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