Question
The following information is available for Pioneer Company: Sales price per unit is $80. November and December, sales were budgeted at 3,080 and 3,490 units,
The following information is available for Pioneer Company:
Sales price per unit is $80.
November and December, sales were budgeted at 3,080 and 3,490 units, respectively.
Variable costs are 12 percent of sales (5 percent commission, 2 percent advertising, 5 percent shipping).
Fixed costs per month are sales salaries, $4,000; office salaries, $2,900; depreciation, $2,800; building rent, $3,100; insurance, $1,300; and utilities, $900.
Required:
Determine Pioneer's budgeted selling and administrative expenses for November and December. Please show work.
Total Budgeted Selling and Administrative Expenses:
November-
December-
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