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The following information is available for Pioneer Company: Sales price per unit is $120. November and December sales were budgeted at 3,060 and 3,590 units,
The following information is available for Pioneer Company:
Sales price per unit is $120.
November and December sales were budgeted at 3,060 and 3,590 units, respectively.
Variable costs are 12 percent of sales (5 percent commission, 1 percent advertising, 6 percent shipping).
Fixed costs per month are sales salaries, $5,500; office salaries, $2,600; depreciation, $2,800; building rent, $3,800; insurance, $1,600; and utilities, $600.
Required:
Determine Pioneer's budgeted selling and administrative expenses for November and December.
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