please answer do not image. Flexible Budget for Selling and Administrative ExpensesCloud Productivity Inc. uses flexible budgets that are based on the following data:Sales commissions14% of salesAdvertising expense18% of salesMiscellaneous administrative expense$6,500 per month plus 12% of salesOffice salaries expense$28,000 per monthCustomer support expenses$12,000 per month plus 20% of salesResearch and development expense$30,000 per monthPrepare a flexible selling and administrative expenses budget for March 2016 for sales volumes of $400,000, $500,000, and $600,000. Enter allamounts as positive numbers.Cloud Productivity Inc.Flexible Selling and Administrative Expenses BudgetFor the Month Ending March 31, 2016Total salesVariable cost:Sales commissionsAdvertising expenseMiscellaneous administrative expenseCustomer support expenseTotal variable costFixed cost$400,000 $500,000 $600,0004 Research and development expense$30,000 per monthPrepare a flexible selling and administrative expenses budget for March 2016 for sales volumes of $400,000, $500,000, and $600,000. Enter allamounts as positive numbers.Cloud Productivity Inc.Flexible Selling and Administrative Expenses BudgetFor the Month Ending March 31, 2016Total salesVariable cost:Sales commissionsAdvertising expenseMiscellaneous administrative expenseCustomer support expenseTotal variable costFixed cost:Miscellaneous administrative expenseOffice salaries expenseCustomer support expenseResearch and development expenseTotal fixed costTotal selling and administrative expensesI$400,000 $500,000 $600,000J3(.@

The selling and administrative expenses include the expenses that are incurred to sell the product…

Flexible Budget for Selling and Administrative Expenses Cloud Productivity Inc. uses flexible budgets that are based on the following data: Sales commissions 14% of sales Advertising expense 18% of sales Miscellaneous administrative expense $6,500 per month plus 12% of sales office salaries expense $28,000 per month Customer support expenses $12,000 per month plus 20% of sales Research and development expense $30,000 per month Prepare a flexible selling and administrative expenses budget for March 2016 for sales volumes of $400,000, $500,000, and $600,000. Enter all amounts as positive numbers. Cloud Productivity Inc. Flexible Selling and Administrative Expenses Budget For the Month Ending March 31, 2016 Total sales Variable cost: Sales commissio $400,000 $500,000 $600,000 4

Flexible Budget for Selling and Administrative Expenses Cloud Productivity Inc. uses flexible budgets that are based on the following data: Sales commissions 14% of sales Advertising expense 18% of sales Miscellaneous administrative expense $6,500 per month plus 12% of sales office salaries expense $28,000 per month Customer support expenses $12,000 per month plus 20% of sales Research and development expense $30,000 per month Prepare a flexible selling and administrative expenses budget for March 2016 for sales volumes of $400,000, $500,000, and $600,000. Enter all amounts as positive numbers. Cloud Productivity Inc. Flexible Selling and Administrative Expenses Budget For the Month Ending March 31, 2016 Total sales Variable cost: Sales commissio $400,000 $500,000 $600,000 4

FINANCIAL ACCOUNTING

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ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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Concept explainers

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.

Question

please answer do not image.

Flexible Budget for Selling and Administrative Expenses
Cloud Productivity Inc. uses flexible budgets that are based on the following data:
Sales commissions
14% of sales
Advertising expense
18% of sales
Miscellaneous administrative expense
$6,500 per month plus 12% of sales
Office salaries expense
$28,000 per month
Customer support expenses
$12,000 per month plus 20% of sales
Research and development expense
$30,000 per month
Prepare a flexible selling and administrative expenses budget for March 2016 for sales volumes of $400,000, $500,000, and $600,000. Enter all
amounts as positive numbers.
Cloud Productivity Inc.
Flexible Selling and Administrative Expenses Budget
For the Month Ending March 31, 2016
Total sales
Variable cost:
Sales commissions
Advertising expense
Miscellaneous administrative expense
Customer support expense
Total variable cost
Fixed cost
$400,000 $500,000 $600,000
4

Research and development expense
$30,000 per month
Prepare a flexible selling and administrative expenses budget for March 2016 for sales volumes of $400,000, $500,000, and $600,000. Enter all
amounts as positive numbers.
Cloud Productivity Inc.
Flexible Selling and Administrative Expenses Budget
For the Month Ending March 31, 2016
Total sales
Variable cost:
Sales commissions
Advertising expense
Miscellaneous administrative expense
Customer support expense
Total variable cost
Fixed cost:
Miscellaneous administrative expense
Office salaries expense
Customer support expense
Research and development expense
Total fixed cost
Total selling and administrative expenses
I
$400,000 $500,000 $600,000
J
3
(.
@

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