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The following information is available for Pioneer Company: Sales price per unit is $110. November and December, sales were budgeted at 3,120 and 3,440 units,
The following information is available for Pioneer Company: Sales price per unit is $110. November and December, sales were budgeted at 3,120 and 3,440 units, respectively. Variable costs are 11 percent of sales (5 percent commission, 2 percent advertising, 4 percent shipping). Fixed costs per month are sales salaries, $5,600; office salaries, $2,700; depreciation, $2,500; building rent, $3,600; insurance, $1,500; 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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