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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 3,020 and 3,500 units,

The following information is available for Pioneer Company:

  • Sales price per unit is $120.
  • November and December sales were budgeted at 3,020 and 3,500 units, respectively.
  • Variable costs are 11 percent of sales (4 percent commission, 2 percent advertising, 5 percent shipping).
  • Fixed costs per month are sales salaries, $5,100; office salaries, $2,700; depreciation, $2,300; building rent, $3,200; insurance, $1,300; and utilities, $700.

Required:

Determine Pioneer's budgeted selling and administrative expenses for November and December.image text in transcribed

The following information is available for Pioneer Company: - Sales price per unit is $120. - November and December sales were budgeted at 3,020 and 3,500 units, respectively. - Variable costs are 11 percent of sales (4 percent commission, 2 percent advertising, 5 percent shipping). - Fixed costs per month are sales salaries, $5,100; office salaries, $2,700; depreciation, $2,300; building rent, $3,200; insurance, $1,300; and utilities, $700. Required: Determine Pioneer's budgeted selling and administrative expenses for November and December

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