18 The following budget Information is available for the HD Sales Company for January: Sales $415,000 Freight out Depreciation on Administrative Equipment $0.20 per unit sold $19,500 & 01:58:52 Sales & Administrative Salaries $51,400 + 3% of sales Advertising $21,500 Depreciation on Manufacturing Equipment $24,500 eBook Lease on Sales Building $48,800 Miscellaneous Selling Expenses $6,900 Mc Graw Hill CLE ng soon Based on January sales of 29,500, the amount of HD's expected cash outflow for selling and administrative expenses would be Multiple Choice O $146,950. $171.450. $166,450. $164.800. Q Search < Prev 18 of 31 Next > hp

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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18
The following budget Information is available for the HD Sales Company for January:
Sales
$415,000
Freight out
Depreciation on Administrative Equipment
$0.20 per unit sold
$19,500
&
01:58:52
Sales & Administrative Salaries
$51,400 + 3% of sales
Advertising
$21,500
Depreciation on Manufacturing Equipment
$24,500
eBook
Lease on Sales Building
$48,800
Miscellaneous Selling Expenses
$6,900
Mc
Graw
Hill
CLE
ng soon
Based on January sales of 29,500, the amount of HD's expected cash outflow for selling and administrative expenses would be
Multiple Choice
O
$146,950.
$171.450.
$166,450.
$164.800.
Q Search
< Prev
18 of 31
Next >
hp
Transcribed Image Text:18 The following budget Information is available for the HD Sales Company for January: Sales $415,000 Freight out Depreciation on Administrative Equipment $0.20 per unit sold $19,500 & 01:58:52 Sales & Administrative Salaries $51,400 + 3% of sales Advertising $21,500 Depreciation on Manufacturing Equipment $24,500 eBook Lease on Sales Building $48,800 Miscellaneous Selling Expenses $6,900 Mc Graw Hill CLE ng soon Based on January sales of 29,500, the amount of HD's expected cash outflow for selling and administrative expenses would be Multiple Choice O $146,950. $171.450. $166,450. $164.800. Q Search < Prev 18 of 31 Next > hp
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