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The following information is available for Pioneer Company: Sales price per unit is $80. November and December, sales were budgeted at 2,980 and 3,530 units,
The following information is available for Pioneer Company:
- Sales price per unit is $80.
- November and December, sales were budgeted at 2,980 and 3,530 units, respectively.
- Variable costs are 11 percent of sales (5 percent commission, 3 percent advertising, 3 percent shipping).
- Fixed costs per month are sales salaries, $4,800; office salaries, $2,100; depreciation, $2,600; building rent, $3,700; insurance, $1,600; and utilities, $800.
Required:
Determine Pioneer's budgeted selling and administrative expenses for November and December.
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