Question

The Puyer Corporation makes and sells only one product called a Deb. The company is in the process of preparing its Selling and Administrative Expense Budget for next year. The following budget data are available:MonthlyFixed Cost Variable CostPer Deb SoldSales commissions $ 0.97Shipping $ 1.47Advertising $ 50,700 $ 0.27Executive salaries $ 60,700Depreciation on office equipment $ 20,700Other $ 40,700All of these expenses (except depreciation) are paid in cash in the month they are incurred.If the company has budgeted to sell 15,700 Debs in February, then the total budgeted fixed selling and administrative expenses for February is:

Answer 1

Answer:

the  total budgeted fixed selling and administrative expenses for February is $172,800

Explanation:

The computation of the total budgeted fixed selling and administrative expenses for February is shown below:

= Advertising + Executive salaries + Depreciation on office equipment  + Other

= $50,700 + $60,700 + $20,700 + $40,700

= $172,800

hence, the  total budgeted fixed selling and administrative expenses for February is $172,800