Question
The total budgeted sales for July, August, and September were SR 40,000, SR 100,000, and SR 60,000. The selling and administrative expense budget is divided
The total budgeted sales for July, August, and September were SR 40,000, SR 100,000, and SR 60,000. The selling and administrative expense budget is divided into variable and fixed components. The variable selling and administrative expenses are SR 0.75 per unit sold. Fixed selling and administrative expenses are SR 80,000 per month. The fixed selling and administrative expenses include SR 10,000 in costs primarily depreciation that are not cash outflows of the current month. What are the total cash disbursements for selling and administrative expenses for the quarter?
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