The budget unit sales of Weller Company for the upcoming fiscal year are provided below: The companys

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The budget unit sales of Weller Company for the upcoming fiscal year are provided below:

2nd Quarter 16,000 3rd Quarter 14,000 4th Quarter 1st Quarter Budgeted unit sales 15,000 13,000

The company’s variable selling and administrated expense per unit is $2.50. Fixed selling and administrative expenses include advertisement expenses of $8,000 per quarter, executives salaries of $ 35,000 per quarter, and depreciation of $20,000 per quarter. In addition, the company will make insurance payments of $5,000 in the first quarter and $5,000 in the third quarter. Finally, property taxes of $8,000 will be paid in the second quarter.


Required:

Prepare the company’s selling and administrative expense budget for the upcoming fiscal year.

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Managerial Accounting

ISBN: 978-0697789938

13th Edition

Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer

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