Echo Amplifiers prepared the following sales budget for the first quarter of 2018: Jan. Feb. Mar. Units 900 1,100 1,400 Sales price $100 $100 $100 Budgeted sales $90,000 $110,000 $140,000 It also has this additional information related to its expenses: Direct material per unit $1.50 Direct labor per unit 2 Variable manufacturing overhead per hour 0.50 Fixed manufacturing overhead per month 3,100 Sales commissions per unit 14 Sales salaries per month 5,100 Delivery expense per unit 0.40 Factory utilities per month 5,000 Administrative salaries per month 19,000 Marketing expenses per month 9,000 Insurance expense per month 12,000 Depreciation expense per month 10,000 Prepare a sales and administrative expense budget for each month in the quarter ending March 31, 2018. Enter al| amounts as positive numbers.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Echo Amplifiers prepared the following sales budget for the
first quarter of 2018:
Jan.
Feb.
Mar.
Units
900
1,100
1,400
Sales price
$100
$100
$100
Budgeted sales
$90,000 $110,000 $140,000
It also has this additional information related to its
expenses:
Direct material per unit
$1.50
Direct labor per unit
2
Variable manufacturing overhead per hour
0.50
Fixed manufacturing overhead per month
3,100
Sales commissions per unit
14
Sales salaries per month
5,100
Delivery expense per unit
0.40
Factory utilities per month
5,000
Administrative salaries per month
19,000
Marketing expenses per month
9,000
Insurance expense per month
12,000
Depreciation expense per month
10,000
Prepare a sales and administrative expense budget for each
month in the quarter ending March 31, 2018. Enter all
amounts as positive numbers.
Echo Amplifiers
Sales and Administrative Budget
For the Quarter Ending March 31, 2018
January
February
March
Budgeted Sales in Units
Variable Expenses
Total Variable Expenses
$
2$
Fixed Expenses
Total Fixed Expenses
Total Selling and Administrative Expenses
Transcribed Image Text:Echo Amplifiers prepared the following sales budget for the first quarter of 2018: Jan. Feb. Mar. Units 900 1,100 1,400 Sales price $100 $100 $100 Budgeted sales $90,000 $110,000 $140,000 It also has this additional information related to its expenses: Direct material per unit $1.50 Direct labor per unit 2 Variable manufacturing overhead per hour 0.50 Fixed manufacturing overhead per month 3,100 Sales commissions per unit 14 Sales salaries per month 5,100 Delivery expense per unit 0.40 Factory utilities per month 5,000 Administrative salaries per month 19,000 Marketing expenses per month 9,000 Insurance expense per month 12,000 Depreciation expense per month 10,000 Prepare a sales and administrative expense budget for each month in the quarter ending March 31, 2018. Enter all amounts as positive numbers. Echo Amplifiers Sales and Administrative Budget For the Quarter Ending March 31, 2018 January February March Budgeted Sales in Units Variable Expenses Total Variable Expenses $ 2$ Fixed Expenses Total Fixed Expenses Total Selling and Administrative Expenses
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