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Pani-rosa [81]
3 years ago
9

The Year 1 selling expense budget for Apple Corporation is as follows:

Business
1 answer:
lesya [120]3 years ago
8 0

Answer:

$5,960

Explanation:

Fixed portion of Miscellaneous expenses = $2,000

Variable portion of Miscellaneous expenses = ($5,300 - $2,000) / $275,000

= $3,300 / $275,000

= $0.012 of sales

Miscellaneous expenses in the Year 2 selling expense budget = (Budgeted sales * Variable portion) + Fixed portion

= ($330,000 * $0.012) + $2,000

=  $3,960 + $2,000

= $5,960

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