1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mrs_skeptik [129]
3 years ago
8

The budgeted unit sales of Weller Company for the upcoming fiscal year are provided below:1st Quarter 2nd Quarter 3rd Quarter 4t

h QuarterBudgeted 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.Prepare the company's selling and administrative expense budget for the upcoming fiscal year. (Round "Variable cost" answers to 2 decimal places.)
Business
1 answer:
saw5 [17]3 years ago
7 0

Answer:

Total cost= $392,500

Explanation:

Giving the following information:

1st Quarter= 24,000 units

2nd Quarter= 25,000

3rd Quarter= 21,000

4th Quarter= 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. Also, 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.

We will assume that insurance and taxes are for offices and properties of the selling and administrative department.

1st quarter:

Variable cost= 2.3*24,000= 55,200

Fixed expense= 9,000 + 44,000= 53,000

Insurance= 4,000

Total= $112,200

2nd quarter:

Variable cost= 2.3*25,000= 57,500

Fixed expense= 9,000 + 44,000= 53,000

Property taxes= 8,600

Total= $71,400

3rd quarter:

Variable cost= 2.3*21,000= 48,300

Fixed expense= 9,000 + 44,000= 53,000

Insurance= 4,000

Total= $105,300

4th quarter:

Variable cost= 2.3*22,000= 50,600

Fixed expense= 9,000 + 44,000= 53,000

Total= $103,600

Total cost= $392,500

You might be interested in
Self-directed teams will generally ______.
NARA [144]

A self-directed work team (SDWT) is a group of people who are responsible for an entire business operation. There us generally very little input from a manager or supervisor.

Self-directed teams will generally not report to a manager.  Correct answer: D

These teams are empowered to make the decisions needed to manage themselves on a day-to-day basis

4 0
3 years ago
Read 2 more answers
Which of the following is an example of an enterprising career?
Alex787 [66]
Real estate Agent,is the right answer
3 0
3 years ago
Money markets trade securities that: _______________
Dmitriy789 [7]
The answer is d because d
5 0
2 years ago
Read 2 more answers
Taubestan produces nearly 97% of the quinoa consumed around the world, and most of it is sold to wealthy nations. Although there
kaheart [24]

Answer:

The correct answer is letter "A": absolute advantage.

Explanation:

Absolute Advantage is an individual company, or country's ability to produce a good or service at a lower cost than any competitor. An organization with an absolute advantage requires fewer inputs or more efficient processes that allows the firm to lower prices and earn higher profits compared to its rivals.

5 0
3 years ago
The role of a _____ is to provide direction and funding for a project.
spin [16.1K]
Project Sponsor, Most project sponsors have many interested parties or stakeholders, but someone must take the primary role of sponsorship.
7 0
3 years ago
Other questions:
  • On December 31, 2020, Berclair Inc. had 200 million shares of common stock and 3 million shares of 9%, $100 par value cumulative
    15·1 answer
  • Seth and Rachel have original investments of $50,000 and $100,000, respectively, in a partnership. The articles of partnership i
    13·1 answer
  • Successful employee participation programs include all of the following except Select one: a. a profit-sharing or gain-sharing p
    15·1 answer
  • Managers of Wendy's fast-food restaurants keep track of prices at competitors such as McDonald's, Burger King, and Arby's, knowi
    6·2 answers
  • When artists pass away, the supply of their paintings most likely becomes?
    8·2 answers
  • Within her company, maria utilizes a management style that varies according to the individual and environmental situation, with
    9·2 answers
  • Marigold Batteries is a division of Enterprise Corporation. The division manufactures and sells a long-life battery used in a wi
    7·1 answer
  • During 2020, $890000 of raw materials were purchased, direct labor costs amounted to $670000, and manufacturing overhead incurre
    9·1 answer
  • ikes to see all the facts before making a decision. he does not appreciate it when his team members try to push or persuade him
    12·1 answer
  • When marketers evaluate the attractiveness of each potential segment and decide in which of these groups they will invest resour
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!