Question
The following information is available for Pioneer Company: Sales price per unit is $110. November and December, sales were budgeted at 2,920 and 3,450
The following information is available for Pioneer Company: Sales price per unit is $110. November and December, sales were budgeted at 2,920 and 3,450 units, respectively. Variable costs are 12 percent of sales (6 percent commission, 1 percent advertising, 5 percent shipping). Fixed costs per month are sales salaries, $4,200; office salaries, $2,700; depreciation, $3,000; building rent, $3,400; 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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