5) Prepare a flexible budget for the SGA expenses at the sales levels provided: Sales commissions 9% of sales Ad expense 12% of sales Miscellaneous expense $6000 per month plus 2% of sales Office expense $20,000 per month Customer support expense $15,000 per month plus 5% of sales R&D expense $30,000 per month $400,000 $600,000 $800,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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5) Prepare a flexible budget for the SGA expenses at the sales levels provided:
Sales commissions 9% of sales
Ad expense 12% of sales
Miscellaneous expense $6000 per month plus 2% of sales
Office expense $20,000 per month
Customer support expense $15,000 per month plus 5% of sales
R&D expense $30,000 per month
$400,000
$600,000
$800,000
Transcribed Image Text:5) Prepare a flexible budget for the SGA expenses at the sales levels provided: Sales commissions 9% of sales Ad expense 12% of sales Miscellaneous expense $6000 per month plus 2% of sales Office expense $20,000 per month Customer support expense $15,000 per month plus 5% of sales R&D expense $30,000 per month $400,000 $600,000 $800,000
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