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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 3,160 and 3,580 units,
The following information is available for Pioneer Company:
- Sales price per unit is $120.
- November and December, sales were budgeted at 3,160 and 3,580 units, respectively.
- Variable costs are 13 percent of sales (5 percent commission, 3 percent advertising, 5 percent shipping).
- Fixed costs per month are sales salaries, $4,400; office salaries, $2,800; depreciation, $2,900; building rent, $3,900; insurance, $1,500; and utilities, $900.
Required:
Determine Pioneer's budgeted selling and administrative expenses for November and December.
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