Check my work Weller Company\'s budgeted unit sales for the upcoming fiscal year

Question

Check my work Weller Company's budgeted unit sales for the upcoming fiscal year are provided below Budgeted unit sales 24,000 25,000 21,000 22,000 The company's variable selling and administrative expense per unit is $2.30. Fixed selling and administrative expenses include advertising expenses of $9,000 per quarter, executive salaries of $44,000 per quarter, and depreciation of $23,000 per quarter. In addition, the company will make insurance payments of $4,000 in the first quarter and $4,000 in the third quarter. Finally, property taxes of $8.600 will be paid in the second quarter Required: Prepare the company's selling and administrative expense budget for the upcoming fiscal year. (Round "Per Unit answers to 2 decimal places.) Weller Company Selling and Administrative Expense Budget 1st Quarter 2nd Quarter 3rd Quarter 4th QuarterYear Variable seling and administrative expense per unit Variable selling and administrative expense Fixed selling and administrative e 888 Fa 8

Explanation / Answer

Selling and Administrative Expebses Budget :-

Particulars Qtr.1 Qtr.2 Qtr.3 Qtr.4 Year Budgeted Sales in units 24000 25000 21000 22000 92000 Variable Selling and Admini. Exp.(Units*$2.30) $55200 $57500 $48300 $50600 $211600 Fixed Selling and Admini. Expense :- Advertising $9000 $9000 $9000 $9000 $36000 Executive Salaries $44000 $44000 $44000 $44000 $176000 Insurance $4000 $4000 Property taxes $8600 Depreciation $23000 $23000 $23000 $23000 $92000 Total Fixed Selling and Admini. Expenses $80000 $84600 $80000 $76000 $320600 Total Selling and Admini. Expenses $135200 $142100 $128300 $126600 $532200 Less : Depreciation ($23000) ($23000) ($23000) ($23000) (92000) Cash Disbursements for selling and Admini. Exp. $112200 $119100 $105300 $103600 $440200

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