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topjm [15]
3 years ago
5

Blue Point Company is formulating its marketing expense budget for the month of September. Sales in units for August amounted to

4,000; sales volume in September is expected to increase by 10%. So far for the current year, fixed marketing expense per month amounted to $5,000 of salaries and $1,500 of depreciation. Variable marketing expense amount to $.15 paid in cash in the month of sale. What is the estimated cash payment for marketing expense in the month of September
Business
1 answer:
Anna007 [38]3 years ago
8 0

Answer:

See below

Explanation:

Computation of estimated cash payment expense is seen below

Variable expenses

Sales in unit for August 4,000

Sales in unit September 4,000 × 110% = 4,400

Total variable expense 4,400 × $0.15 = $660

Fixed expense per quarter

Salaries $5,000 × 3 = $15,000

Depreciation $1,500 × 3 = $4,500

Total = $19,500

Budget total = $20,160

Estimated cash payment = $20,160 - $4,500 = $15,660

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<h3>Further explanation </h3>

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<h3>Learn more</h3>
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<h3>Answer details</h3>

Grade:  9

Subject:  business

Chapter:  car

Keywords:  the market for a car, money,  the best transportation option, saving, auto loan.

5 0
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Answer:

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Answer:

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