M? arks Tools Window Help Edt Vew History Help Save& Exit Subm 3 (Chapters t0, 1

Question

M? arks Tools Window Help Edt Vew History Help Save& Exit Subm 3 (Chapters t0, 11,&14) 6 October November Decenber Budgeted S&A; Expenses Salary expenses Sales ecemissions , 5% of Bales Insurance expenses 10,000 10,500 11,000 5,000 5,500 5,300 2,000 2,000 2,000 2,400 2,4002,400 1,500 1,500 1,500 1,100 1,300 1,500 22,000 23,200 23,700 Depreciation on equ pment Utilities Total operating expenses Schedule of Cash Payments for S&A; Expenses Salary Expenses 100% of prior month sales ecemissions Inaurance Expense 2 10,500 5,100 2,000 2,000 2,400 2,000 1,200 100 of Prior months utilities expenses Total payments foe SA expensen What is the total amount of S&A; expenses for the fourth quarter thet the compeny will report on its pro forma income statement? Mutiple Choice C Prev 17 of 30 Next> MacBook Pro 80

Explanation / Answer

oct nov dec Schedule of Cash payments for S&A Expenses Salary expense 10,000 10,500 11,000 100% of prior month sales commission 5,100 5,000 5,500 insurance expense 2,000 2,000 2,000 Rent 2,400 2,400 2,400 100% of prior month utilities expense 1,200 1,100 1,300 total payments for S&A Expense 20,700 21,000 22,200

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