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will upvote if correct Elbert Company classifies its selling and administrative expense budget into variable and fixed components. Variable expenses are expected to be $24.000
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Elbert Company classifies its selling and administrative expense budget into variable and fixed components. Variable expenses are expected to be $24.000 in the first quarter, and $4,000 increments are expected in the remaining quarters of 2022. Fixed expenses are expected to be $40,000 in each quarter. Prepare the selling and administrative expense budget by quarters and in total for 2022. Data: 24,000 Total variable overhead-Qtr 1 28.000 Total variable overhead-Qtr 2 32,000 Total variable overhead-Qtr 3 36.000 Total variable overhead-Qtr 4 40.000 est fixed overhead per quarter Roche Inc. Manufacturing Overhead Budget For the Year Ending Dec. 31, 2022 QTR 1 QTR 2 QTR 3 QTR 4 Year Variable expenses Fixed expenses Total selling and administrative expenses Step by Step Solution
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