December sales were budgeted at 3,140 and 3,430 units, respectively. costs are 13 percent of sales (5 percent commission, 2 percent advertising, 6 pere osts per month are sales salaries, $4,900; office salaries, $2,900; depreciation, $2, ce, $1,600; and utilities, $600. Pioneer's budgeted selling and administrative expenses for November and Decer

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Chapter1: Financial Statements And Business Decisions
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The following information is available for Pioneer Company:
• Sales price per unit is $110.
November and December sales were budgeted at 3,140 and 3,430 units, respectively.
Variable costs are 13 percent of sales (5 percent commission, 2 percent advertising, 6 percent shipping).
. Fixed costs per month are sales salaries, $4,900; office salaries, $2,900; depreciation, $2,300; building rent, $3,100;
insurance, $1,600; and utilities, $600.
.
.
Required:
Determine Pioneer's budgeted selling and administrative expenses for November and December.
Total Budgeted Selling and Administrative Expenses
November
December
Transcribed Image Text:The following information is available for Pioneer Company: • Sales price per unit is $110. November and December sales were budgeted at 3,140 and 3,430 units, respectively. Variable costs are 13 percent of sales (5 percent commission, 2 percent advertising, 6 percent shipping). . Fixed costs per month are sales salaries, $4,900; office salaries, $2,900; depreciation, $2,300; building rent, $3,100; insurance, $1,600; and utilities, $600. . . Required: Determine Pioneer's budgeted selling and administrative expenses for November and December. Total Budgeted Selling and Administrative Expenses November December
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