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The International Company makes and sells only one product, Product SW. The company is in the process of preparing its Selling and Administrative Expense Budget
The International Company makes and sells only one product, Product SW. The company is in the process of preparing its Selling and Administrative Expense Budget for the last half of the year. The following budget data are available: VARIABLE COST PER UNIT SOLD Sales Commissions - $0.70, Shipping - $1.10. Advertising - $0.20, Other - $0.25.MONTHLY FIXED COST -- Advertising $14,000, Executive Salaries - $34.000, Depreciation on Office Equipment - $11,000, Other - $19,000. All expenses other than depreciation are paid in cash in the month they are incurred. If the company has budgeted to sell 24,000 units of Product SW in September, what would be the total budgeted fixed selling and administrative expenses for September? A) $48,000. B) $54.000. C) $67.000. D) $78,000
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