Accounting 1B Written Assignment. Chapter 22- Budgeting Selling Expense Budget Prepare a monthly flexible Selling Expense budget for MaBak Inc. for Sales Volumes of $300,000 and $350,000 based on the following data: Sales commissions Sales manager's salary Advertising expense Shipping expense Misc. expense Sales Variable Selling Expenses: Sales Commissions (12% of Sales) Shipping Expense (57. of Sales) Miscellaneous Expense - Variable Total Variable Expense Fixed Selling Expenses: Sales Manager Salary Advertising Expense Miscellaneous Expense - Fixed Total Fixed Expense Total Selling Expense 12.0% $ 95,000 $ 15,000 5.0% $ 2,500 $300,000 436,000 15,000 95,000 of sales per month per month of sales 15,000 2,500 112,500 erial $350,000 $42,000 17,500 95,000 15,000 2,500 112.500

Accounting 1B Written Assignment. Chapter 22- Budgeting Selling Expense Budget Prepare a monthly flexible Selling Expense budget for MaBak Inc. for Sales Volumes of $300,000 and $350,000 based on the following data: Sales commissions Sales manager's salary Advertising expense Shipping expense Misc. expense Sales Variable Selling Expenses: Sales Commissions (12% of Sales) Shipping Expense (57. of Sales) Miscellaneous Expense - Variable Total Variable Expense Fixed Selling Expenses: Sales Manager Salary Advertising Expense Miscellaneous Expense - Fixed Total Fixed Expense Total Selling Expense 12.0% $ 95,000 $ 15,000 5.0% $ 2,500 $300,000 436,000 15,000 95,000 of sales per month per month of sales 15,000 2,500 112,500 erial $350,000 $42,000 17,500 95,000 15,000 2,500 112.500

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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