Carla Vista Company's budgeted sales for April were estimated at $709,000, sales commissions at 4% of sales, and the sales manager's salary at $89,000. Shipping expenses were estimated at 1% of sales and miscellaneous selling expenses were estimated at $1,900, plus 0.5% of sales. Determine the budgeted selling expenses on a flexible budget for April. Budgeted Selling 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.
Budgeted Selling Expenses on a Flexible Budget
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