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

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

Section: Chapter Questions

Problem 1Q

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