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Warshaw Company budgets payroll at $3,500 per month plus a percentage of monthly sales. The June operating expenses budget includes total payroll of $12,500 with
Warshaw Company budgets payroll at $3,500 per month plus a percentage of monthly sales. The June operating expenses budget includes total payroll of $12,500 with budgeted sales of $150,000. Sales for July are budgeted at $180,000 while urchase of inventory or July are budgeted a $910 00 e rea on and insurance for July are estimated a 700 and S30 respect ay ice and administrative e per ses related to purchasing ven or are budget at % of purchases? he month. The purchase of $2,100 in equipment and $1,400 in furniture is expected in July. The July payroll should be budgeted at OA. $12,500 OB. S22,700 OC. $10,800 D. S14,300
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