Company is budgeting for cash payments for variable and fixed selling cost for q

Question

Company is budgeting for cash payments for variable and fixed selling cost for quarter 1 of 2014.<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

                                      January                February              march

Sales units                    140,000               120,000               100,000

Sales commission        $2 per unit          $2.20 per unit     $2.50 per unit

Sales office rent           $60,000               $60,000               $60,000

Utilities                         $12,000               $10,000               $9,000

Depreciation                 $22,000               $22,000               $22,000

Salary                            $30,000               $30,000               $30,000

Calculate the budgeted cash payments for total selling cost for each month.

Explanation / Answer

Hi,

Please find the answer as follows:

Thanks.

January February March Sales Commission 280000 264000 250000 Sales Office Rent 60000 60000 60000 Total Cash Payments for Selling Cost 340000 324000 310000

Related Questions

Navigate

• Browse (All)
• Browse C
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.