At Jaqueline, SRL, the monthly fixed selling and administrative expenses are $259,000 and the variable selling and administrative expenses are $4 per unit sold. Except for depreciation of $2,590, these are all current cash outlays. If the budgeted sales amount for May is 4,500 units, what should the May selling and administrative expense budget show for cash disbursements for selling and administrative expenses? $
Master Budget
A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It helps a business, an organization, or even an individual to manage the money effectively. A budget also helps in monitoring the performance of the people in the organization and helps in better decision-making.
Sales Budget and Selling
A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future income and expenses.
At Jaqueline, SRL, the monthly fixed selling and administrative expenses are $259,000 and the variable selling and administrative expenses are $4 per unit sold. Except for
If the budgeted sales amount for May is 4,500 units, what should the May selling and administrative expense budget show for cash disbursements for selling and administrative expenses? $
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