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The following information is available for Pioneer Company: Sales price per unit is $130. November and December, sales were budgeted at 3,000 and 3,410 units,
The following information is available for Pioneer Company:
Sales price per unit is $130.
November and December, sales were budgeted at 3,000 and 3,410 units, respectively.
Variable costs are 11 percent of sales (6 percent commission, 2 percent advertising, 3 percent shipping).
Fixed costs per month are sales salaries, $4,100; office salaries, $2,000; depreciation, $2,500; building rent, $3,300; insurance, $1,400; and utilities, $900.
Required:
Determine Pioneer's total budgeted selling and administrative expenses for November and December.
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